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:
306 comments Page 2 of 31.
SHANTAN said:
1 year ago
Cp = 1(assume).
Sp = 2(Doubled).
P = 3(Tripled).
G% = sp - cp/cp * 100,
((2-1)/1) * 100 = 100.
Sp = 2(Doubled).
P = 3(Tripled).
G% = sp - cp/cp * 100,
((2-1)/1) * 100 = 100.
(59)
Gere said:
1 year ago
Good, thanks everyone for giving an explanation.
(6)
Gudikandula vamshi said:
1 year 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.
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)
Akshith said:
1 year ago
Option 1 is correct.
Explanation :
3p = 2cp-cp/cp.
3p = cp/cp.
p = 1/3.
p% = 100/3.
p% = 662/3.
Explanation :
3p = 2cp-cp/cp.
3p = cp/cp.
p = 1/3.
p% = 100/3.
p% = 662/3.
(4)
Kalki said:
1 year ago
Let,
The cost price = 1.
And selling price = 2 (selling price is doubled),
Formula : Profit % = (sp - cp)/cp*100.
So, (2-1)/1 * 100.
Then profit % = 100.
The cost price = 1.
And selling price = 2 (selling price is doubled),
Formula : Profit % = (sp - cp)/cp*100.
So, (2-1)/1 * 100.
Then profit % = 100.
(67)
Leela said:
2 years ago
Assume cp = 1 and sp = 2 then profit = 1.
If sp double means sp = 4 then profit = 4-1=3(it became triple).
So,
Formula----> profit/cp * 100 = 1/1 * 100 = 100.
If sp double means sp = 4 then profit = 4-1=3(it became triple).
So,
Formula----> profit/cp * 100 = 1/1 * 100 = 100.
(49)
Ayush Kumar said:
2 years ago
SUPER EASY 1-LINE SOLUTION.
Suppose,
C.P =1;
S.P=2;
PROFIT=1;
when S.P doubled.
S.P =4; (Selling price doubled from 2 to 4)
PROFIT =3;(profit increased from 1 to 3)
GAIN% = P/CP *100.
1/1 *100 = 100%
Suppose,
C.P =1;
S.P=2;
PROFIT=1;
when S.P doubled.
S.P =4; (Selling price doubled from 2 to 4)
PROFIT =3;(profit increased from 1 to 3)
GAIN% = P/CP *100.
1/1 *100 = 100%
(81)
Ayush bamankar said:
2 years ago
Let,
C.P = 100.
S.P = 200.
C.P - S.P = profit
= 100.
Then,
(100/100) * 100 = 100.
100percent profit is the right anaswer.
C.P = 100.
S.P = 200.
C.P - S.P = profit
= 100.
Then,
(100/100) * 100 = 100.
100percent profit is the right anaswer.
(63)
Chandra said:
3 years ago
SP is double means 2x.
CP is Triple means 3x.
Diff is 1.
1P = 1.
100P = 100.
CP is Triple means 3x.
Diff is 1.
1P = 1.
100P = 100.
(42)
Yogi said:
3 years ago
If the selling price is doubled.
It means 100% profit.
It means 100% profit.
(140)
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