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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
      E None of these 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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