Question 115

An article is sold a profit of 25%. If the selling price is doubled, the profit will be:

Solution

Let cost price = Rs. 100

Profit % = 25%

=> Selling price = $$100+(\frac{25}{100}\times100)$$

= $$100+25=Rs.$$ $$125$$

New selling price = $$2\times125=Rs.$$ $$250$$

=> Profit % = $$\frac{(250-100)}{100}\times100=150\%$$

=> Ans - (D)

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