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    Question

    The ratio of the cost price of an article to its selling

    price is 2:3. The marked price of the same item is Rs. 2,100 whereas the sum of the discount offered, and profit earned is Rs. 700. Find the selling price (in Rs.) of the article.
    A 2100 Correct Answer Incorrect Answer
    B 1800 Correct Answer Incorrect Answer
    C 2500 Correct Answer Incorrect Answer
    D 1000 Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price and selling price of the article be Rs. '2x' and Rs. '3x', respectively. According to the question, 2100-3x+(3x-2x) = 700 Simplifying, 2100-3x+x = 700 2100-2x = 700 2x = 2100-700 2x = 1400 x = 1400/2 = 700 Therefore, the selling price of the article is: 3x = 3×700 = 2100

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