6 Views

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%


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

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%.

How to crack SSC CHSL

Candidates can download this e-book to give a boost to thier preparation.

Download Now

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books