A company first raises the price of articles by x% and then reduces all the new prices by x%. After one cycle, the price of a article decreased by Rs. 1,000; and after the second cycle, the article was sold for Rs. 23,040. What was the original price of the article?

A company first raises the price of articles by x% and then reduces al

1.	A company first raises the price of articles by x% and then reduces all the new prices by x%. After one cycle, the price of a article decreased by Rs. 1,000; and after the second cycle, the article was sold for Rs. 23,040. What was the original price of the article?
A.	Rs. 15,000
B.	Rs. 20,000
C.	Rs. 25,000
D.	Rs. 30,000
E.	None of these
Answer» D. Rs. 30,000

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A company first raises the price of articles by x% and then reduces all the new prices by x%. After one cycle, the price of a article decreased by Rs. 1,000; and after the second cycle, the article was sold for Rs. 23,040. What was the original price of the article?

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