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For Competitive Exams

The cost price of an article is Rs. 100. To gain 50% after allowing a 50% discount, the market price of the article is:

Rs. 200
Rs. 400
Rs. 350
Rs. 300
Explanation:

S.P.= (100+Gain%) $\times$ C.P./100.

SP= (100+50) $\times$ 100/100

SP = 150

Now,

=>SP = (100-discount%) $\times$ M.P./100

=> 150= (100-50) $\times$ M.P./100

=> 150=M.P./2

=> M.P.=300.

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