Arithmetic Ability
Profit and Loss

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Q.

If selling price is doubled, the profit triples. Find the profit percent ?

View Answer

Correct choice: A

Explanation:

Let the C.P be Rs.100 and S.P be Rs.x, Then The profit is (x-100) Now the S.P is doubled, then the new S.P is 2x New profit is (2x-100) Now as per the given condition; => 3(x-100) = 2x-100 By solving, we get x = 200 Then the Profit percent = (200-100)/100 = 100 Hence the profit percentage is 100%
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