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    Question

    The percentage profit earned when an article is sold

    for Rs. 420 is four times the percentage profit earned when the same article is sold for Rs. 330. If the marked price of the article is 30% above the cost price, then what is the marked price of the article?
    A Rs. 442 Correct Answer Incorrect Answer
    B Rs. 490 Correct Answer Incorrect Answer
    C Rs. 390 Correct Answer Incorrect Answer
    D Rs. 309 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price be x. Then, MP = 13x/10 According to the question, 420 – x = 4(330 – x) 420 – x = 1320 – 4x 3x = 1320 – 420 x = 300 MP = (13 x 300)/10 = Rs. 390

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