The price of an object is trippled - How much of the Object
is liked
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Answer:
Let initial loss percent be x% and the Cost price be Rs$$100
Therefore, Selling price =100−((
100
x
)×100)=100−x
Now on doubling the Cost price we have Cost price =Rs 200 and loss percent $$= 3x\%
So now Selling price is =200−((
100
3x
)×200)=200−6x
Since Selling price does not change we can equate both the Equations
⇒100−x=200−6x
⇒5x=100
⇒x=20
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