Q:
      
      
         
            
The marked price of an article is increased  by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price  be Rs. 400 which is greater than the corresponding cost price by 33.33% , what is the increased selling price?
         
       
      
      
      
          
      
      
          Answer & Explanation
         Answer: C) 420         
         
Explanation: Initially                 CP           profit            SP                MP
 
                              100           x               (100+x)         133.33
 
After Change     100           2x             (100+x)   
 
Now,   Since (100+x)  - 100 = 2x
 
            x= 20%
 
                         CP            Profit              SP             MP
 
                        100             20               120           133.33
 
So,                  300             60               360             400
 
Again             300            120              420
 
So the increased selling price = Rs. 420
       
      
      
      
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