The cost price of an article is Rs. 200. If 20% profit is

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The cost price of an article is Rs. 200. If 20% profit is made after giving 20% discount on the marked price, the marked price is :

1. Rs. 300
2. Rs. 320
3. Rs. 420
4. Rs. 450

Correct Option: A

Let the marked price of article be Rs. x.
According to the question,

x ×	80	=	200 × 120
	100		100

⇒ x = Rs.		1200 × 120		= Rs. 300
		80