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If selling price is doubled the profit triples. Find the profit percent
Question 1:
If selling price is doubled the profit triples.
Find the profit percent
A.
66 2/3
B.
105
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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%
C.
105 1/3
D.
120
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