Question : An article is sold at a profit of 25%. If the selling price is doubled, the profit will be:
Option 1: 200%
Option 2: 50%
Option 3: 100%
Option 4: 150%
New: SSC CHSL Tier 2 answer key released | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: 150%
Solution :
Let the cost price (CP) be Rs. 100.
With a profit of 25%, SP = Rs. 125
If the SP is doubled, the new SP = Rs. 250
New profit = New SP – CP = 250 – 100 = Rs. 150
So, new profit % = $\frac{\text{Profit}}{\text{Actual C.P}}×100=\frac{150}{100}×100=150\%$
Hence, the correct answer is 150%.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
