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 12 of 31.
Sunil kumar rai said:
1 decade ago
We know that SP = CP + profit........1.
Now given 2 SP = CP + 3 profit........2.
ON solving these equation we get that,
S.P = 2 profit.
Now in equation SP-CP/CP*100.
Answer is 100%.
Now given 2 SP = CP + 3 profit........2.
ON solving these equation we get that,
S.P = 2 profit.
Now in equation SP-CP/CP*100.
Answer is 100%.
Ravi Sharma said:
1 decade ago
SP = x;
CP = y;
p = (x-y) * 100 / y;
SP' = 2x;
P' = 3*P;
=> (2x-y) * 100 / y = 3 * (x-y) * 100 / y;
=> x = 2 * y;
=> SP = 2 * CP;
=> P = 100%;
=> Profit Percent = 100%.
CP = y;
p = (x-y) * 100 / y;
SP' = 2x;
P' = 3*P;
=> (2x-y) * 100 / y = 3 * (x-y) * 100 / y;
=> x = 2 * y;
=> SP = 2 * CP;
=> P = 100%;
=> Profit Percent = 100%.
Rahul Mishra said:
1 decade ago
Give me inform what is the process in this question?
Sambit vikrant said:
1 decade ago
Assume C.P = x.
//Then selling price is double.
Means S.P = 2x.
Profit = (S.P - C.P).
So profit = 2x-x = x.
%Profit = prifit*100/C.P.
= x*100/x.
= 100.
//Then selling price is double.
Means S.P = 2x.
Profit = (S.P - C.P).
So profit = 2x-x = x.
%Profit = prifit*100/C.P.
= x*100/x.
= 100.
Karu said:
1 decade ago
SP = x;
CP = y;
p = (x-y)*100/y;
SP' = 2x;
P' = 3*P;
=> (2x-y)*100/y = 3*(x-y)*100/y;
=> x = 2*y;
=> SP = 2*CP;
=> P = 100%;
=> Profit Percent = 100%.
CP = y;
p = (x-y)*100/y;
SP' = 2x;
P' = 3*P;
=> (2x-y)*100/y = 3*(x-y)*100/y;
=> x = 2*y;
=> SP = 2*CP;
=> P = 100%;
=> Profit Percent = 100%.
Pooja said:
1 decade ago
Let CP = x;
SP = 2x;
Profit = SP-CP;
Profit = 2x-x;
Profit = x;
Gain% = (gain*100/cp);
Gain% = (x*100/X);
Gain% = 100;
SP = 2x;
Profit = SP-CP;
Profit = 2x-x;
Profit = x;
Gain% = (gain*100/cp);
Gain% = (x*100/X);
Gain% = 100;
Gaurav said:
1 decade ago
@Pooja but just for clarification.
If you calculate the profit it will not be tripled !
They should add one more option as 300%
If you buy a pencil for 5 rs sell it for 10rs you have a profit of 5rs that's 100% profit !
CP = 5rs.
SP(doubled) = 20rs.
Profit = 20-5 = 15rs.
Profit is thrice the profit it was before 5x3.
Then profit becomes 300%
If you calculate the profit it will not be tripled !
They should add one more option as 300%
If you buy a pencil for 5 rs sell it for 10rs you have a profit of 5rs that's 100% profit !
CP = 5rs.
SP(doubled) = 20rs.
Profit = 20-5 = 15rs.
Profit is thrice the profit it was before 5x3.
Then profit becomes 300%
Sunil said:
1 decade ago
Let cost price = Rs 1.
Selling price doubled i.e = Rs 2.
Profit triples i.e = Rs 3.
Gain = SP-CP.
= 2-1.
= rs 1/-.
Profit% = gain*100/CP.
= 1*100/1 = 100.
*You take any number it will be true. !
Selling price doubled i.e = Rs 2.
Profit triples i.e = Rs 3.
Gain = SP-CP.
= 2-1.
= rs 1/-.
Profit% = gain*100/CP.
= 1*100/1 = 100.
*You take any number it will be true. !
Rajan said:
1 decade ago
Please any one explain me in detail each and every step.
Shubham said:
1 decade ago
What is the use of saying "Profit triples", it makes question very confusing. If S.P doubles then how can be profit triples?
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