Difficulty: Medium
Correct Answer: 100%
Explanation:
Let cost price = C and original selling price = S
Condition
When the selling price is doubled, profit becomes triple:
2S − C = 3(S − C)2S − C = 3S − 3C⇒ 2C = S
Original profit
Profit = S − C = 2C − C = CProfit% = (C ÷ C) × 100 = 100%
Final Answer: Profit percentage = 100%.
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