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Let the cost price of the article be Rs. 100x Therefore, selling price of article = Rs. 150x Therefore, profit earned = 150x – 100x = Rs. 50x New profit = 3.5 × 50x = Rs. 175x According to the question, (175x/100x) × 100 = 100x Or, x = 1.75 Therefore, actual cost price = 100x = Rs. 175
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