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:
304 comments Page 11 of 31.

Vinay said:   1 decade ago
Let C.P. --> x then.

S.P. --> 2x.

Profit = S.P.-C.P. = 2x-x = x.

Profit% = Profit\C.P.*100 = 100%.

Sonu nayak said:   1 decade ago
C.P-S.P profit x y(y-x).

x 2y(2y-x) according to question. The profit 3 times increased if S.P became doubled this means profit has increase from earlier (profit) three times.

This implies 3 times of of old profit must be equal to new profit.

= 3(y-x) = 2y-x.

By solve y = 2x.

And profit is y-x/x*100 = 2x-x/x*100 = 100%.

Awdhesh said:   1 decade ago
s-c=p....1.

Now 2s-c = 3p....2.

Solve this.

s = 2p....3.

So c=p.....4.

Now as asked that when sp is 2 times then calculate pf percentage.

So (2s-c/c)*100 = pf percent.

So put value in terms of p.

2s = 4p.....from....3.

So (4p-p)/p)*100 = pf percentage.

So pf percentage 300.

Sapah said:   1 decade ago
Let 100rs be the sales cost (cp + profit).

By selling it for 200rs profit triples (cp + 3*profit).

200-100 = 2*profit.

Profit = 50.

Therefore cp = 50.

Profit % = (sales-cp)/cp% = 1000.

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%.

MANSI said:   10 years ago
Why here 2y-x is done? As we are only doubling selling price which is y.

Manish raj said:   10 years ago
Suppose the cost is 10 and the selling price is 15 then the profit is 5 after all the selling price being double means 30 the profit being triple means 5+5+5=15. So our selling price is 15 or our profit is also 15 then the profit is 100 percent.

Sudha said:   10 years ago
Here we suppose.

CP = x.

Then SP = 2x (According to the Question. ).

Then Profit = SP - CP.

Profit = 2x-x.
Profit = x.

And Profit% = x*100/x.
Profit% = 100% Answer.

Roshan said:   10 years ago
Its very simple.

C.P = x.

S.P = 2y.

Profit =3x.

3x.

(2y-x).

But 2y = S.P = C.P + Profit = x + 3x.

Now + we will solve + 3x.

------- * 100.

x+3x-x.

Left hand portion will cut all and remain 100.

Ya its hard but not that much only use + logic + hope + so you will get this.

Mayank sharma said:   10 years ago
Very simple and easy approach.

Let SP =10.

And profit be X. So CP = 10-X equation 1.

Now SP doubles means it became 20. And profit triples means it become 3X.

So now CP = 20-3X equation 2.

Now equate equation 1 and 2.

10-X = 20-3X.

X = 5 means it is profit.

Now with X we can calculation CP by any one equation.

Then profit percent = P*100/CP.

5/5*100 = 100%.

It is the easiest way to solve.


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