If the selling price of a product is multiplied by 2, then the resultant profit is 6 times the original profit. What is the original profit percentage? |
25 20 10 20 |
25 |
Let the CP and SP of the article be Rs. x and Rs. y respectively, then 2y - x = 6 (y - x) 2y - x = 6y - 6x 6x - x = 6y - 2y 5x = 4y x : y = 4 : 5 Now, we can say CP of the article = Rs. 4 SP of the article = Rs. 5 Profit = 5 - 4 = 1 Profit percentage = \(\frac{1}{4}\) × 100 = 25% |