A sweetshop owner sells a laddoo (spherical sweet) for INR 2. Next day, he makes laddoos with twice the radius. For what price (in INR) should he sell this laddoo to earn the same profit percentage as the day before?
INR - Indian Rupee, Currency of India
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See a laddoo as a sphere. We have a volume of the first laddoo is 3 1 π r 3 sells for INR 2 (1)
Since the second laddo has r ′ = 2 r so It has a volume 3 1 π r ′ 3 = 8 × 3 1 π r 3 (1)
From (1) and (2), we have price of the second laddo is 8 × 2 = 1 6