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      Question

      Priya sold an article at 20% profit. If the profit

      percentage had been numerically equal to CP, then the profit earned would have been 100% more. Find the amount for which Priya sold the article originally.
      A Rs.10 Correct Answer Incorrect Answer
      B Rs.37 Correct Answer Incorrect Answer
      C Rs.48 Correct Answer Incorrect Answer
      D Rs.30 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Let the cost price of the article be Rs. 100x. Selling price = Rs. 120x. Original profit = 120x - 100x = Rs. 20x. New profit = 2 × 20x = Rs. 40x. According to the question, x = 0.4. Therefore, the original selling price = 120x = Rs.48

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