Mathematics
NULL
Medium
Question
If the selling price is doubled, the profit triples. What is the profit percent?
A
66.666666666667
B
100
✓ Official correct answer
C
105.33333333333
D
120
Community credibility
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A
66.666666666667
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B
100
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C
105.33333333333
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D
120
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Explanation
Let CP = c and profit = p. Then 2(c + p) = c + 3p ⇒ c = p ⇒ profit = 100%.