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Quantitative Aptitude

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Profit & Loss

Question
23 out of 30
 

After selling a book on its marked price it gives a 20% profit. What will be profit percentage if it is sold at double the price?



A 20%
B 40%
C 120%
D 140%
E None of these

Ans. D On double price SP = 120 x 2 = 240

So percent profit = 240 – 100 = 140%

Profit & Loss Flashcard List

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