If the selling price is tripled and cost price doubled the profit would become 65%. What is the present profit (in %)?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 10
![]()
![]()
60SP – 40 CP = 26 CP
![]()
Now, Present profit % = ![]()
![]()
= 10%