Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 3)
3.
If selling price is doubled, the profit triples. Find the profit percent.
66 2
3
100
105 1
3
120
Answer: Option
Explanation:

Let C.P. be Rs. x and S.P. be Rs. y.

Then, 3(y - x) = (2y - x)    y = 2x.

Profit = Rs. (y - x) = Rs. (2x - x) = Rs. x.

Profit % = x x 100 % = 100%
x

Video Explanation: https://youtu.be/dPzF10mGsWE

Discussion:
303 comments Page 1 of 31.

Ravi Rajput said:   1 week ago
Let cp = 100
sp = 200.

Profit = 200 - 100 = 100,
Profit % = (100/100) * 100 = 100% ( Ans).
(9)

Akash Kurmi said:   3 weeks ago
SP = CP + P
If sp -> 2sp,
then p-> 3p.

sp - cp gives profit,
2(sp) - cp gives total profit which equal to 3p(profit) -> eqn 1

2(cp + p) - cp = 3p,
2cp + 2p -cp = 3p,
cp = p.

p->cp
p equals to cp, which is 100%.
(4)

Mona said:   2 months ago
S.P = 2X => Double
C.P= X
P= (X-2X)3 => Triple
= 3X - 2X,
P= X.
Profit% = Profit/C.P × 100.
X/X ×100,
100.
Then, Profit% = 100.
(11)

Kalyani said:   5 months ago
s.p = x.
c.p = y.
p = s.p - c.p =>x - y.
s.p is doubled = 2x.
p =2x-y.
profit is tripled 3(x-y) = p.
3(x-y) = 2x-y.
3x-3y = 2x-y.
x = 2y.
p= 2y-y => y.
p% = y/y *100 =>100%.
(23)

Pagadala Vaishnavi said:   7 months ago
Cp = 1(assume).
Sp = 2(Doubled).
P = 3(Tripled).
G% = sp - cp/cp * 100,
((2-1)/1) * 100 = 100.
By solving we will get the answer.
(62)

Yudhishther Giri said:   7 months ago
Cp = x
Sp = 2X(doubled)
P = 3X(tripled)
P% = p/cp*100
Cp = sp - p
= 3x - 2x
= 1x = x.

P% = 1x = 1p( 1p = 1 profit).
Anything's 100 % is itself.
So, 100x=100p(100p= 100 profit)
(5)

Satish konakalla said:   10 months ago
LET;

CP = 100Rs
SP = 200RS
Profit = 100Rs
Now the SP is doubled(2×200) = 400
then the profit could be (3×100) = 300
So, here clearly the profit(100) is tripled when the selling price is Doubled, with the profit of 100.
(44)

SHANTAN said:   11 months ago
Cp = 1(assume).
Sp = 2(Doubled).
P = 3(Tripled).
G% = sp - cp/cp * 100,
((2-1)/1) * 100 = 100.
(55)

Gere said:   11 months ago
Good, thanks everyone for giving an explanation.
(6)

Gudikandula vamshi said:   11 months ago
Assume 40 is cost price,
80 as selling price,
120 is the profit.
As per the question, we have a formula for profit% = gain * 100/cost price = 40 * 100/100 = 100.
(14)


Post your comments here:

Your comments will be displayed after verification.