state gov MP Police SI Mock Test 2023 Quantitative Aptitude Profit and Loss Successive Selling

If the selling price of an apple is doubled, then its Loss percent is converted into equal Profit percent. The Loss percent on the article is? 

1
50%
2
35%
3
\(33\frac{1}{3}\%\)
4
\(26\frac{2}{3}\%\)
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