Question : A shopkeeper sells a box and earns a profit of 5%. For the next box, he decides to charge double the selling price. What is the profit percent on the second box?
Option 1: 100%
Option 2: 110%
Option 3: 200%
Option 4: 80%
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Correct Answer: 110%
Solution : Let the cost price of the first box be 100. $\therefore$ Selling price of first box = 100 + 5 = 105 He sold the 2nd box doubling the selling price of the first box. $\therefore$ Selling price of 2nd box = 105 × 2 = 210 So, the profit percentage on the 2nd box $=\frac{210-100}{100}×100=110\%$ Hence, the correct answer is 110%.
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Question : A man earns a profit of 45% by selling a bike for a certain price. If he sells that bike at double the price, then what will be the profit percentage?
Option 1: 80%
Option 2: 180%
Option 3: 90%
Option 4: 190%
Question : A man earns a profit of 35 percent by selling a chair for a certain price. If he sells that chair at double the price, then what will be the profit percentage?
Option 1: 170%
Option 2: 70%
Option 3: 180%
Option 4: 150%
Question : Pankaj sells an article and earns a profit of 55 percent. What will be the ratio of cost price and selling price?
Option 1: 20 : 37
Option 2: 17 : 25
Option 3: 18 : 25
Option 4: 20 : 31
Question : 40 percent of the selling price of a fan is equal to $\frac4{5}$ of the cost price of the fan. What is the profit percentage?
Option 1: 150 percent
Option 2: 125 percent
Option 3: 100 percent
Option 4: 120 percent
Question : Vinay purchased two bottles for a total of INR 100, and he sells these two bottles at the rate of INR 100 per bottle. What is Vinay's overall profit percentage on selling the two bottles?
Option 1: 50%
Option 2: 100%
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