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 20 of 31.

Mayank said:   1 decade ago
Let 1st S.P = 100, profit - 1x, and 2nd S.P = 200,
If profit is tripled then it is 3x.

Therefore 3x-1x= 2x,
x = 200/2.
x = 100.

Girish said:   7 years ago
Let c.p =100 rs , then s.p=200,
Profit = 200-100=100.
%profit = 100*100/100=100%,
Profit becmes three times i.e 100 * 3 = 300.

Premjit said:   5 years ago
Simple, As we know;

P=Sp-Cp.

So,
3x=2X-Cp,
Cp=x,
So now SP=x.
Cp=x.
So p= x.
We know P/CPx100.
So the answer will be 100 %.

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?

Qaaa said:   4 years ago
If,
C.P=100.
S.p = 200,
Profit = 100.

If s.p doubles;
C. P=100,
S.p=400,
Profit=300.

Hence, profit % =100/100 * 100 = 100.
(5)

Vijay Prasanth A said:   6 years ago
Here for profit % we need to take profit as 2y-x or 3(y-x) but you take it as y-x.

I think we assume profit has tripled.

Arun Kumar said:   6 years ago
Let C.P=x.
S.P doubles then,S.P=2x,
Gain = S.P-C.P (2x-x),
Gain% = Gain/C.P * 100,
= 2x-x/x * 100,
= x/x * 100,
= 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;

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.

Akashkmr938 said:   8 years ago
There is no need for calculating y=2x (its already given in the question).

Just calculates profit%=((2x-x)/x)*100=100%.


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