Quantitative Aptitude Ques 213
Question: A man gains 20% by selling an article for a certain price. If he sells it at double the price. the percentage of profit will be
Options:
A) 40
B) 140
C) 100
D) 120
Show Answer
Answer:
Correct Answer: B
Solution:
- Let the CP be Rs. 100.
$ \therefore $ SP = Rs. 120 New SP = Rs. 240 Profit $ =Rs.(240-100)=Rs.,140 $
$ \therefore $ Profit percentage $ =\frac{140}{100}\times 100=140 $ %
BETA
