Gujarati
Hindi
7.Profit and Loss
medium

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

A

$66.67$

B

$100$

C

$105.33$

D

$120$

Solution

Let profit be $P$

$Now , SP – CP = P$ $….(i)$

In given question, when $SP$ is doubled, $P$ get tripled

$2 S P-C P=3 P$ $…(ii)$

On solving $(i)$ and $(ii)$

We get $CP = P$ and $SP =2 P$

Profit\% $=\frac{2 P-P}{P} \times 100=100 \%$

Standard 13
Quantitative Aptitude

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