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:
306 comments Page 22 of 31.

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%.

Ayinoluwa oladayiye said:   10 years ago
I don't understand why or how the answer is 100 because there is 3x and 2y. Can you explain it fluently?

Well wisher said:   9 years ago
When I read all the comments, I understood one thing.

Everyone reads the question in a different way.

Deaniss said:   1 decade ago
C.P = 100.

S.P = 200.

P = S.P-C.P.

= 200-100.

P = 100.

P% = P/C.P.*100%.

= 100/100*100% = 100%.

Prakash said:   1 decade ago
Saleem is rite here.
assume s.p 10
c.p 5
s.p doubles 10+10 20
c.p triples 5+5 10+10 20.
100%

Pavani said:   4 years ago
I think the answer is wrong.

2Sp = 2profit.
2sp = 2 (sp-cp),
3cp = 2sp,
Profit = 1.
Profit% = 50.

Pavani said:   4 years ago
I think the answer is wrong.

2Sp = 2profit.
2sp = 2 (sp-cp),
3cp = 2sp,
Profit = 1.
Profit% = 50.

ADAM said:   3 years ago
Simple way,

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

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.
(4)


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