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 14 of 31.

Minakshi said:   9 years ago
This question was asked in AFCAT 2/2015 and I answered 100% but when their answer sheet came out their answer was (199/3)%. I just don't get it.

Mallikarjun said:   9 years ago
Why did we taken 3(y-x) = (2y-x)? Please explain it.

Finny said:   9 years ago
Someone to clarify please?

Govind kumar karn said:   9 years ago
Let C.P.= x, S.P = y.
Then according to the question 3(y - x) = (2y - x).
So y = 2x.
We know that, profit= (S.P - C.P).
=> (y - x) = (2x - x).
=> (x*100)/100 = 100% answered.

524@ssh said:   9 years ago
Let cp = x., then sp = 2x.

The profit is (sp - cp)/cp * 100.
(2x - x)/x * 100.
x/x * 100 = 100.

Therefore profit =100.

Kumar Ghimire said:   9 years ago
Thanks @Niharul Islam.

Shekhar adhikari said:   9 years ago
Let CP =x and SP = y.

According to the question 3(y - x) = 2y - x.
Here in question this equation 'is given as condition only.S.P is already fixed.
This condition connects between SP and Cp from this condition we get the relation betweenSP and Cp as y = 2x .

Then we should take profit => y - x = 2x - x = x.
Thus profit % = x/x *100 = 100%.

Rajiya said:   9 years ago
P = S.P - C.P.

Profit triples and S.P doubles.

3P = 2S.P - C.P.

3(S.P - C.P) = 2S.P - C.P.

So, S.P = 2C.P.

S.P/C.P = 2/1.

P = 1 / 1*100.

Then, 100%.

Laks said:   9 years ago
@Rajiya.

Good Explanation. Thank you.

Raju said:   9 years ago
I can't understand the problem. Please help me.


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