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A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be:

Option 1)
40%
Option 2)
100%
Option 3)
130%
Option 4)
140%
Option 5)
120%

Answers (1)

best_answer

Let CP = 100 , SP = 120

New SP + 240

$P\; ^{0}\! /_{0}=\left ( \frac{140}{100} \right )100=140\; ^{0}\! /_{0}$

Posted by

rishi.raj

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