rxs0005 wrote:

A dealer sells goods at a profit of 10% . if cost of goods doubles and profit becomes 1/4th of present value, then the actual profit now is what percent of the previous profit.

Ok lets see if we can solve this now, with the explanation about the profit.

Profit=Price(P)-Cost(C)=10%*C

C1=2C

Profit1(percentage)=1/4*10%=2.5%

Profit1/Profit=2.5%C1/10%C=1/4*2=1/2=50%

This question is not good, as when you say profit is 1/4 of the present value (of profit), you should be talking about the $ amount, instead of the percentage, since profit is defined as your sales minus your cost, and not a percentage in itself.