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    Question

    A sold an article at 45% profit. If the profit earned

    had been 228% more, then the profit percentage would have been numerically equal to CP. Find the actual cost price of the article.
    A Rs. 140.6 Correct Answer Incorrect Answer
    B Rs. 137.6 Correct Answer Incorrect Answer
    C Rs. 147.6 Correct Answer Incorrect Answer
    D Rs. 157.6 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price of the article be Rs. 100x Therefore, selling price of article = Rs. 145x Therefore, profit earned = 145x – 100x = Rs. 45x New profit = 3.28 × 45x = Rs. 147.6x According to the question, (147.6x/100x) × 100 = 100x Or, x = 1.476 Therefore, actual cost price = 100x = Rs. 147.6

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