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      Question

      On an article, the profit earned is 200 percent of the

      cost price. If the cost price increases by 50 percent but the selling price remains same, then what will be the new profit percentage?
      A 120 percent Correct Answer Incorrect Answer
      B 150 percent Correct Answer Incorrect Answer
      C 200 percent Correct Answer Incorrect Answer
      D 100 percent Correct Answer Incorrect Answer

      Solution

      Let CP be Rs. 100 Profit = Rs. 200 SP = 200 + 100 = 300 New CP = 100 × 150/100 = 150 Required new Profit % = (300 – 150)/150 × 100 = 100%

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