if the cost price of a certain object doubles then the loss gets tripl | Examsbook

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Q: If the cost price of a certain object doubles, then the loss gets tripled of what it was initially. The initial loss % was ?

1
0 %
2
25 %
3
75 %
4
50 %

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Answer : 4. "50 %"
Explanation :
Answer: D) 50 % Explanation: Let the cost price be x and selling price be y.Loss = x – y When the cost price doubles, the loss gets tripled.So it becomes like this, 2x – y = 3(x-y) => x = 2y Loss % = (loss/ C.P) x 100 = [(2y-y)/2y] x 100= 50 %

Quantitative Aptitude CAT

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