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.
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:
304 comments Page 10 of 31.
Arun said:
1 decade ago
Its like
We take 2Rs as CP
Now we want a profit on sp so we take 2. 50Rs as SP
Now profit on that is 25%
Now according to question SP is double and will be profit Triple.
So now SP is 4 and profit will 25*3 75.
So 75+25=100% profit.
We take 2Rs as CP
Now we want a profit on sp so we take 2. 50Rs as SP
Now profit on that is 25%
Now according to question SP is double and will be profit Triple.
So now SP is 4 and profit will 25*3 75.
So 75+25=100% profit.
Sumanth geras said:
1 decade ago
If you do not understand any method or formulas, solution it helps you.
Let initially there are 20 articles with 5 each ones price.
20*5=100.
Increase double S. P of each article.
20*10=200.
Profit % = (200-100/100) *100 = 100%.
Let initially there are 20 articles with 5 each ones price.
20*5=100.
Increase double S. P of each article.
20*10=200.
Profit % = (200-100/100) *100 = 100%.
SURAJ SAHOO said:
1 decade ago
LET C.P= 10
S.P= 20
SO, PROFIT= (20-10)I.E (SP-CP)
ACC TO THE QUES,
IF S.P DOUBLES I.E 2(20) THEN
PROFIT TRIPLES I.E 3(20-10).
SO, PROFIT PERCNT= (PROFIT/CP)*100
= {3(20-10)/10}*100
= 300%.
S.P= 20
SO, PROFIT= (20-10)I.E (SP-CP)
ACC TO THE QUES,
IF S.P DOUBLES I.E 2(20) THEN
PROFIT TRIPLES I.E 3(20-10).
SO, PROFIT PERCNT= (PROFIT/CP)*100
= {3(20-10)/10}*100
= 300%.
Sara said:
1 decade ago
Hai friends.
Profit means selling price > cost price.
Profit% = (profit/cost price)*100.
Selling price doubles. So we take 2S>1.
So actual cost price is single. So S>2.
Now from profit % formula = ((2S/S)/100)% = 100%.
Profit means selling price > cost price.
Profit% = (profit/cost price)*100.
Selling price doubles. So we take 2S>1.
So actual cost price is single. So S>2.
Now from profit % formula = ((2S/S)/100)% = 100%.
Satish konakalla said:
11 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.
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.
(45)
Atul said:
1 decade ago
Cost price x , selling price y, profit (y-x).
If selling price is doubled =2y , then new profit will be (2y-x)
which 3 times the original profit i.e. (y-x)
there fore new profit (2y-x)= 3x old profit (x-y)
That is (2y-x)=3(x-y).
If selling price is doubled =2y , then new profit will be (2y-x)
which 3 times the original profit i.e. (y-x)
there fore new profit (2y-x)= 3x old profit (x-y)
That is (2y-x)=3(x-y).
Akash Kurmi said:
2 months 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%.
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)
Gurleen said:
5 years ago
Profit = SP - CP.
As per the statement, 3Profit=2SP-CP.
Subtract both, we get 2Profit=SP or Profit=SP/2,
Similarly, we get CP=SP/2,
Gain%=(profit/gain)*100.
Put above values here:
Gain%= ((SP/2)/(SP/2))*100,
= 100.
As per the statement, 3Profit=2SP-CP.
Subtract both, we get 2Profit=SP or Profit=SP/2,
Similarly, we get CP=SP/2,
Gain%=(profit/gain)*100.
Put above values here:
Gain%= ((SP/2)/(SP/2))*100,
= 100.
Hitesh said:
1 decade ago
If profit is g,c.p is x,s.p. is y
then g=y-x
If s.p is double(2*y) and profit triples(3*g)
3g=2y-x
solve above two equation
we get x=2g and y=g
Gain%=(100*gain)/c.p
=(100*g)/g (y=g)
=100%
I think it's very simple.
then g=y-x
If s.p is double(2*y) and profit triples(3*g)
3g=2y-x
solve above two equation
we get x=2g and y=g
Gain%=(100*gain)/c.p
=(100*g)/g (y=g)
=100%
I think it's very simple.
Chandrasekaran said:
1 decade ago
Don't you people feel that the ques is not clear. If they are asking for the profit% shouldn't we find out the new profit%?
Assume S.P as 10.
Profit as 5,
(3 times of profit)/(2SP -3profit) *100 = 15/(20-15)*100.
= 30%.
Assume S.P as 10.
Profit as 5,
(3 times of profit)/(2SP -3profit) *100 = 15/(20-15)*100.
= 30%.
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