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 4 of 31.

Savitha said:   1 decade ago
Guneet thanks I got it clearly !

Pratyusha said:   1 decade ago
How can you write profit=3(y-x)=2y-x ? Please can any one tell me.

Swetha said:   1 decade ago
@Pratyusha

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

Well done balaji!

Narayanan said:   1 decade ago
Ya..balaji's explanation is clear Profit= y-x___________(1)

From the data given, if selling price doubles, profit will be tribled. So that

From(1), we can write

Profit = y-x, here from the data given if y doubles profit will be tribled. so we can write in place of profit we can write y-x

3(y-x) = 2y-x.

Tushar Vaibhav said:   1 decade ago
PROFIT = 3(Y-X)= (2Y-X)
= 3Y-3X-2Y+X
= 1Y-2X
(i.e)Y=2X : Profit = (Y-X)(i.e) =(2x-x)=Rs.x
Profit% = C.P/profitX100= X/X*100=100%.
FROM HERE EXPLAIN CLEARLY.

Sindhu said:   1 decade ago
See balaji explaination. Its very clear.

Hamzah Bhatti said:   1 decade ago
Let Cost Price Be X AND Selling Price be Y And Profit for this is Z, THEN BY given Condition
((y-x)/x)*100=Z -------------- (1)

Similarly By Given Condition
((2y-x)/x)*100 =3Z Or Z = ((2Y-X)/3X)*100 -------- (2)

Both eqn 1 and 2 are equal equating these two eqn gives
3(y-x) =2y-x
y=2x

Put this value in eqn 1 and get z = 100.

Ramkumar said:   1 decade ago
Thanks Satish. Its really simple.

Shree said:   1 decade ago
Raj answer is so simple:).

Ravi said:   1 decade ago
Thanks @balaji


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