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:
303 comments Page 31 of 31.

Mona said:   2 months ago
S.P = 2X => Double
C.P= X
P= (X-2X)3 => Triple
= 3X - 2X,
P= X.
Profit% = Profit/C.P × 100.
X/X ×100,
100.
Then, Profit% = 100.
(12)

Akash Kurmi said:   4 weeks ago
SP = CP + P
If sp -> 2sp,
then p-> 3p.

sp - cp gives profit,
2(sp) - cp gives total profit which equal to 3p(profit) -> eqn 1

2(cp + p) - cp = 3p,
2cp + 2p -cp = 3p,
cp = p.

p->cp
p equals to cp, which is 100%.
(4)

Ravi Rajput said:   1 week ago
Let cp = 100
sp = 200.

Profit = 200 - 100 = 100,
Profit % = (100/100) * 100 = 100% ( Ans).
(9)


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