Arithmetic Ability
Profit and Loss

46 / 102

Q.

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

View Answer

Correct choice: D

Explanation:

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) x 100 = [(2y-y)/2y] x 100= 50 %
46 / 102