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Profit and Loss

Q1: If selling price is doubled, the profit triples. Find the profit percent.

A
66 2
3

B 100

C
105 1
3

D 120

ANS:B - 100

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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