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If selling price is doubled, the profit triples. Find the profit percent.

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1. 

If selling price is doubled, the profit triples. Find the profit percent.

[A]. 66 2/3
[B]. 100
[C]. 105 1/3
[D]. 120

Answer: Option B

Explanation:

Let C.P. be Rs. x and S.P. be Rs. y.

Then, 3(y - x) = (2y - x)    y = 2x.

Profit = Rs. (y - x) = Rs. (2x - x) = Rs. x.

 Profit % = 1-sym-oparen-h1 x x 100 1-sym-cparen-h1% = 100%
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