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 21 of 31.

Ameer said:   6 years ago
Suppose c.p = x,
SP = 2x.
profit = 2x - x =x.
Profit % = (profit/ c.p )* 100 => (x / x) * 100.
Hence profit% = 100.

Sangamesh said:   3 years ago
Assume cp=100.
And sp = 200. (sp double).
Means profit = 100.

Profit %= profit * 100/ cp.
= 100 * 100/100,
=100.
(58)

Jayul said:   8 years ago
EX: If price is 50 and you sell that thing for RS150 than simply your profit is 100%.

Because here there no loss.

Sandeep verma said:   7 years ago
Given;

2SP=3P (P=SP-CP),
2SP=3SP-3CP,
SP=3CP OR SP/CP =3 (PROFIT=2),
%P=(2÷1)*100 =200 %will be answer.

PRIYA said:   7 years ago
@Bhagath.

Gain%=(Gain*100)/C.P.

65%= (x*100)/2(65%).
65% = (x*100)/(130%),
65%*130% = (x*100),
X = 8.45%.

Aadi said:   7 years ago
Let,

The
Cost Price = x.
Selling Price = 2x.

The formula is; (SP-CP)/CP * 100.

(2x-x)/x * 100 = 100% (Ans).

Ritesh Kumar said:   1 decade ago
Let c.p=x
s.p=2x
profit=s.p-c.p
=2x-x
=x
%profit=(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%.

Swetha said:   1 decade ago
@Pratyusha

Refer balaji's explaination..very clear. No body can explain more than him.

Well done balaji!

Akash Kalyankar said:   8 years ago
profit = sp - cp.
3 profit = 2 sp - cp.
profit = cp.
profit % = profit / cp * 100 = cp / cp * 100 = 100%.


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