Lessons

General Aptitude
4.1 Profit and Loss - General Questions

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Q.

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

66 2
3

105 1
3

View Answer

Correct choice: B

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
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