If the selling price of an article is doubled, then its loss profit percent is c

Question

If the selling price of an article is doubled, then its loss profit percent is converted into equal profit percent. The loss percent on the article is = ?

Options:

A . $$26\frac{2}{3}$$ %

B . 33 %

C . $$33\frac{1}{3}$$ %

D . 34 %

Answer: Option C

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