Multiple choice

What will be the percentage profit on selling an article at a certain price if there is a loss of $25\%$ when the article is solid at half of the previous selling price ?

  1. $45\%$
  2. $60\%$
  3. $55\%$
  4. $50\%$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP be x and SP be y. A loss of 25% at y/2 means 0.75x = y/2, so y = 1.5x. Selling at y gives 1.5x, which is a 50% profit.

AI explanation

Let the cost price be 100. Since selling at half the previous selling price results in a 25% loss, the half selling price is 75. This means the full, previous selling price is 75 x 2 = 150. Using the profit percent formula (Profit / Cost Price) x 100, the profit is (50 / 100) x 100 = 50%. The profit percent is 50%.