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Question

If the cost price of a certain object doubles, then the loss gets tripled of what it was initially. The initial loss % was ?

A 0 % Correct Answer Incorrect Answer
B 25 % Correct Answer Incorrect Answer
C 75 % Correct Answer Incorrect Answer
D 50 % Correct Answer Incorrect Answer

Solution

Let the cost price be x and selling price be y.
Loss = x – y
When the cost price doubles, the loss gets tripled.
So it becomes like this, 2x – y = 3(x-y)
=> x = 2y
Loss % = (loss/ C.P)× 100 = [(2y-y)/2y]× 100 = 50 %

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