If selling price is doubled, the profit triples. Find the profit percent.
Solution
Correct Answer: Option B
profit = S.P -C.P S.P = 2Y C.P = X PROFIT = 3(Y-X)= (2Y-X) = 3Y-3X-2Y+X = 1Y-2X (i.e)Y=2X : Profit = (Y-X)(i.e) =(2x-x)=Rs.x Profit% = C.P/profitX100= X/X*100=100%
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