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    Question

    Anita sold an article at 50% profit. If the profit

    percentage had been numerically equal to CP, then the profit earned would have been 300% more. Find the amount for which Anita sold the article originally.
    A Rs.100 Correct Answer Incorrect Answer
    B Rs.372 Correct Answer Incorrect Answer
    C Rs.350 Correct Answer Incorrect Answer
    D Rs.300 Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of the article be Rs. 100x. Selling price = Rs. 150x. Original profit = 150x - 100x = Rs. 50x. New profit = 4 × 50x = Rs. 200x. According to the question, x = 2. Therefore, the original selling price = 150x = Rs.300

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