If the selling price of an article is doubled, the profit triples. Find the original profit percent.

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Team JKSSB Mock Tests · Accepted Answer

Let CP = C, SP = S, profit = S - C. New SP = 2S, new profit = 3(S-C) = 2S - C. So 3S - 3C = 2S - C → S = 2C. Profit% = (S-C)/C × 100 = (2C-C)/C × 100 = 100%.

If the selling price of an article is doubled, the profit triples. Find the original profit percent. MCQ with Answer and Explanation

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