The marked price of an article is 50% above cost price. When marked price is increased by 20% and selling price is increased by 20%, the profit doubles. If original marked price is $ 300, then original selling price is

The marked price of an article is 50% above cost price. When marked pr

1.	The marked price of an article is 50% above cost price. When marked price is increased by 20% and selling price is increased by 20%, the profit doubles. If original marked price is $ 300, then original selling price is
A.	$ 200
B.	$ 250
C.	$ 240
D.	$ 275
Answer» C. $ 240

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The marked price of an article is 50% above cost price. When marked price is increased by 20% and selling price is increased by 20%, the profit doubles. If original marked price is $ 300, then original selling price is

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