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 24 of 31.

Saleem said:   1 decade ago
Assume s.p=20, profit=10

Then, s.p double=20+20=40
Profit triple=10+10=20+20=40

So 100%.

Vikram said:   1 decade ago
When selling price doubled even cost price is also doubled than how this comes SP = 2y-x ?

Rohit gautam said:   7 years ago
The price of a commodity becomes tripled in 20 years. Find the average rate of increase.

Aastha said:   4 years ago
Let c.p=x.
s.p=2x.
Profit = s.p - c.p.
Profit = 2x - x = x.
Profit % = x*100/x = 100%.

Satish said:   1 decade ago
profit per= ((s.p-c.p)/c.p)*100
c.p=x
s.p=2x
profit per = ((2x-x)/x)*100
=100
simple

Aakash kathunia said:   1 decade ago
I am also not able to understand how you substract x from 2y.. please explain... plz

Harshitha said:   8 years ago
In question they gave sp is doubled. So we have to take only 2y, why you took 2y-x?

Raj said:   1 decade ago
Let c.p=x
s.p=2x

Profit = s.p - c.p
Profit = 2x - x = x
Profit % = x*100/x = 100%
(1)

Mangai said:   9 years ago
@Tushar Vaibhav.

You explained clearly and It is easy when to compare to others.

Ontela Alekya said:   7 years ago
Let c.p=X,s.p=2X.

The gain=2X-X=X (s.p-c.p).
And gain%=X/X*100 (gain*100)/c.p.


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