Let the cost price of the article be Rs. 100x Therefore, selling price of article = Rs. 165x Therefore, profit earned = 165x – 100x = Rs. 65x New profit = 3.1 × 65x = Rs. 201.5x According to the question, (201.5x/100x) × 100 = 100x Or, x = 2.015 Therefore, actual cost price = 100x = Rs. 201.5
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