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The profit triples if the selling price is doubled. The profit percentage is:
110
50
100
28
- Let's assume the cost price is \( C \) and the original selling price is \( S \).
- Original profit is \( S - C \).
- If the selling price doubles, it becomes \( 2S \).
- New profit will be \( 2S - C \), which is given to be triple the original profit.
- Therefore, \( 2S - C = 3(S - C) \).
- Simplifying gives \( 2S - C = 3S - 3C \).
- Rearrange to get \( S = 2C \).
- Hence, the profit percentage is \(\frac{S-C}{C} \times 100\).
- Substituting \( S = 2C \) results in \(\frac{C}{C} \times 100 = 100\% \).
Option:3, 100 is correct.
By: santosh ProfileResourcesReport error
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