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

If the selling price of an article is doubled, the profit triples. Find the original profit percent.
A. 50%
B. 125%
C. 75%
D. 100%
Answer: Option D
Solution (By JKExamLibrary)
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%.

This question belongs to: Maths Percentage

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Practice More Percentage Questions

Question #1 Report Error
Price of sugar increased 25%. Expenditure to rise only 12%. Consumption reduced by:
A. 12%
B. 13.6%
C. 10.4%
D. 11.2%

Correct Answer: Option C


Explanation:
1.25 × x = 1.12 → x = 1.12/1.25 = 0.896, reduction 10.4%.

This question belongs to: Maths Percentage
Question #2 Report Error
What is 50 increased by 10%?
A. 70
B. 65
C. 55
D. 60

Correct Answer: Option C


Explanation:
10% of 50 = 5. 50 + 5 = 55.

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Question #3 Report Error
If the length of a rectangle is increased by 25% and the breadth is decreased by 20%, what is the percentage change in its perimeter?
A. 5% increase
B. Cannot be determined
C. 2.5% increase
D. No change

Correct Answer: Option B


Explanation:
Perimeter change depends on the original values of length and breadth, so cannot be determined without them.

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