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:
309 comments Page 2 of 31.

Geethanjali M said:   10 months ago
C.P = x.
S.P = 2x.
P = S.P - C.P.
=> 2x - x = 3.
=> x = 3.
C.P = 3.
S.P = 6.
P = S.P - C.P.
= 6 - 3.
=3.
=> P = 3.
P%= P/C.P(100)
= 3/3 (100).
= 1(100),
= 100%.
P% = 100%.
(44)

Chandra said:   3 years ago
SP is double means 2x.
CP is Triple means 3x.
Diff is 1.
1P = 1.
100P = 100.
(42)

Vijayamilan V said:   7 months ago
2sp = 3profit.
Ratio 2:3.
The difference between them 1.
Therefore 100%.
(40)

Kalyani said:   1 year ago
s.p = x.
c.p = y.
p = s.p - c.p =>x - y.
s.p is doubled = 2x.
p =2x-y.
profit is tripled 3(x-y) = p.
3(x-y) = 2x-y.
3x-3y = 2x-y.
x = 2y.
p= 2y-y => y.
p% = y/y *100 =>100%.
(37)

Diforce Kumar Mehta said:   4 years ago
1st condition.

Let cp = x and sp=y
Profit = y-x.
2nd condition,
When sp is doubled,sp=2y.

Profit becomes triples, profit =3(y-x).
So,cp = sp - profit.
= 2y-3(y-x) = 3x - y.
As we know, cp at very condition will be the same.
3x-y = x.
2x = y.

Profit % = (profit/cp) * 100%,
= (y-x)/x * 100%,
= (2x-x)/x * 100%,
= 100%.
(30)

Harivansh sharma said:   7 months ago
Let CP 100 and SP 200.
Profit sp-cp = 200-100 = 100
Gain% = profit/cp × 100.
So, 100/100 × 100 = 100%.
(26)

Mona said:   1 year ago
S.P = 2X => Double
C.P= X
P= (X-2X)3 => Triple
= 3X - 2X,
P= X.
Profit% = Profit/C.P × 100.
X/X ×100,
100.
Then, Profit% = 100.
(23)

ADAM said:   4 years ago
Simple way,

Here SP is doubled,
If normally 100%.
Double means = 200%,
profit is 200%-100% = 100%.
(19)

Irfan sultan said:   4 months ago
Cp = 100 = x.
Sp = 200 = 2x.
P = sp - cp = 200 - 100,
or 2x - x = 100 or 1x,
P% = 1/100 * 100 = 100.
(16)

Gudikandula vamshi said:   2 years 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.
(14)


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