Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 3)

Profit and Loss

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

Discussion:

304 comments Page 26 of 31.

Kiran said: 1 decade ago

Still I m unable to understand this problem please help me out.

Anomii said: 6 years ago

Why did you take 3(y-x) = (2y-x)?

Can someone please explain?

MARISELVAM M said: 5 years ago

I can't understand the second step. Can you please explain it?

Pradeep said: 8 years ago

@Mohd Murtaza.

Triple profit is missing in your explanation.

Pranitha said: 8 years ago

I can't understand. Why we are substituting 3(y-x) = (2y-x)?

Mobin said: 7 years ago

@ Sangeetha k.

The formula for profit % is (Profit/CP)/100.

Jishu said: 9 years ago

profit = sp - cp.
2x - x = x.
p% = x/x * 100%.
= 100%.

Karthic.v said: 1 decade ago

Help. Please give me an another way to solve the problem.

Einstein Doubter said: 8 years ago

Is it 100% of the original price or of the doubled price.

Rajan said: 1 decade ago

Please any one explain me in detail each and every step.

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