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If selling price is increased by 33 1/3%, then profit becomes double. Find out the initial profit percent?
Question


If selling price is increased by 33 1/3%, then profit becomes double. Find out the initial profit percent?

A.

25%

B.

30%

C.

40%

D.

50%

E.

75%

Correct option is D


Let us assume cost price be CP and Selling price be 3y.
ATQ,

6y – 2CP = 4y – CP
CP = 2y
So, initial profit percentage=

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