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:
308 comments Page 21 of 31.
Sudha said:
1 decade ago
Here we suppose.
CP = x.
Then SP = 2x (According to the Question. ).
Then Profit = SP - CP.
Profit = 2x-x.
Profit = x.
And Profit% = x*100/x.
Profit% = 100% Answer.
CP = x.
Then SP = 2x (According to the Question. ).
Then Profit = SP - CP.
Profit = 2x-x.
Profit = x.
And Profit% = x*100/x.
Profit% = 100% Answer.
Manish raj said:
1 decade ago
Suppose the cost is 10 and the selling price is 15 then the profit is 5 after all the selling price being double means 30 the profit being triple means 5+5+5=15. So our selling price is 15 or our profit is also 15 then the profit is 100 percent.
MANSI said:
1 decade ago
Why here 2y-x is done? As we are only doubling selling price which is y.
Sumanth geras said:
1 decade ago
If you do not understand any method or formulas, solution it helps you.
Let initially there are 20 articles with 5 each ones price.
20*5=100.
Increase double S. P of each article.
20*10=200.
Profit % = (200-100/100) *100 = 100%.
Let initially there are 20 articles with 5 each ones price.
20*5=100.
Increase double S. P of each article.
20*10=200.
Profit % = (200-100/100) *100 = 100%.
Sapah said:
1 decade ago
Let 100rs be the sales cost (cp + profit).
By selling it for 200rs profit triples (cp + 3*profit).
200-100 = 2*profit.
Profit = 50.
Therefore cp = 50.
Profit % = (sales-cp)/cp% = 1000.
By selling it for 200rs profit triples (cp + 3*profit).
200-100 = 2*profit.
Profit = 50.
Therefore cp = 50.
Profit % = (sales-cp)/cp% = 1000.
Awdhesh said:
1 decade ago
s-c=p....1.
Now 2s-c = 3p....2.
Solve this.
s = 2p....3.
So c=p.....4.
Now as asked that when sp is 2 times then calculate pf percentage.
So (2s-c/c)*100 = pf percent.
So put value in terms of p.
2s = 4p.....from....3.
So (4p-p)/p)*100 = pf percentage.
So pf percentage 300.
Now 2s-c = 3p....2.
Solve this.
s = 2p....3.
So c=p.....4.
Now as asked that when sp is 2 times then calculate pf percentage.
So (2s-c/c)*100 = pf percent.
So put value in terms of p.
2s = 4p.....from....3.
So (4p-p)/p)*100 = pf percentage.
So pf percentage 300.
Sonu nayak said:
1 decade ago
C.P-S.P profit x y(y-x).
x 2y(2y-x) according to question. The profit 3 times increased if S.P became doubled this means profit has increase from earlier (profit) three times.
This implies 3 times of of old profit must be equal to new profit.
= 3(y-x) = 2y-x.
By solve y = 2x.
And profit is y-x/x*100 = 2x-x/x*100 = 100%.
x 2y(2y-x) according to question. The profit 3 times increased if S.P became doubled this means profit has increase from earlier (profit) three times.
This implies 3 times of of old profit must be equal to new profit.
= 3(y-x) = 2y-x.
By solve y = 2x.
And profit is y-x/x*100 = 2x-x/x*100 = 100%.
Vinay said:
1 decade ago
Let C.P. --> x then.
S.P. --> 2x.
Profit = S.P.-C.P. = 2x-x = x.
Profit% = Profit\C.P.*100 = 100%.
S.P. --> 2x.
Profit = S.P.-C.P. = 2x-x = x.
Profit% = Profit\C.P.*100 = 100%.
Sara said:
1 decade ago
Hai friends.
Profit means selling price > cost price.
Profit% = (profit/cost price)*100.
Selling price doubles. So we take 2S>1.
So actual cost price is single. So S>2.
Now from profit % formula = ((2S/S)/100)% = 100%.
Profit means selling price > cost price.
Profit% = (profit/cost price)*100.
Selling price doubles. So we take 2S>1.
So actual cost price is single. So S>2.
Now from profit % formula = ((2S/S)/100)% = 100%.
Akhila said:
1 decade ago
As given in the problem. SP-CP = Profit right.
Consider that SP-CP = (y-x).
Now SP should be double that is 2y-x.
And CP should be triple that is 3(y-x).
That is 2y-x = 3(y-x).
By solving this will get the profit.
Consider that SP-CP = (y-x).
Now SP should be double that is 2y-x.
And CP should be triple that is 3(y-x).
That is 2y-x = 3(y-x).
By solving this will get the profit.
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