Download Aptitude Crack
img not found img not found

Profit and Loss - General Aptitude

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