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The cost price and selling price of an article is a : b. If b is 200% of a then the percentage of profit on cost price is
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- 75%
- 125%
- 100%
- 200%
Correct Option: C
Given that , The cost price and selling price of an article = a : b
According to question ,
b = a × | = 2a | 100 |
= 2 ⇒ | - 1 = 2 - 1 | a | a |
⇒ | = 1 ⇒ | × 100 = 100 | a | a |
∴ Gain percent = 100%