An article is sold at a certain price. If it is sold at 331/3\% of this price, there is a loss of 331/3\% . What is the percentage profit if the article is sold at 80% of its original selling price?

Answer: Option C

$$33\frac{1}{3}\%=\frac{1}{3}$$
Let, selling price = 90
Let, SP = 3 × 3 = multiple of 9
SP₁ = $$\frac{1}{3}$$ × 90 = 30
(Cost price) = (Selling price) $$\left[\frac{100}{100-\text{loss}\%}\right]$$
= 30 × $$\frac{3}{2}$$
= 45
Original selling price 80% of
SP₂ = $$\frac{80}{100}$$ × 90 = 72
Profit = 72 - 45 = 27
Profit % = $$\frac{27}{45}$$ × 100 = 60%