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Let the cost price of the article be Rs. ‘2x’
So, marked price of the article = 2x × 1.5 = Rs. ‘3x’
Selling price of the article = 3x × 0.8 = Rs. ‘2.4x’
Profit = 2.4x – 2x = Rs. ‘0.4x’
ATQ;
0.4x = 40
Or, x = 100
So, marked price of the article = 100 × 3 = Rs. 300
Selling price of the article = 100 × 2.4 = Rs. 240
Required difference = 300 – 240 = Rs. 60
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