Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The profit triples if the selling price is doubled. The profit percentage is:

Options:

110

50

100

28

Correct Answer:

100

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 % = (\(\frac{x}{x}\)  × 100)%=100%