SOLUTION: The Marked price of an article is 50% above Cost price. When Marked price is increased by 20% & Selling price is increased by 20%, the profit doubles. If original Marked price is 3

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: The Marked price of an article is 50% above Cost price. When Marked price is increased by 20% & Selling price is increased by 20%, the profit doubles. If original Marked price is 3      Log On


   

Question 1048963: The Marked price of an article is 50% above Cost price. When Marked price is increased by 20% & Selling price is increased by 20%, the profit doubles. If original Marked price is 300, then what is the original Selling price ?
Answer by ikleyn(52787) About Me  (Show Source):
You can put this solution on YOUR website!
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This problem is for the Accounting Department, which we have no at this site.