Join ExamsbookAnswer : 1. "100%"
If selling price is doubled, the profit triples. Find the profit percent ?5
Q: If selling price is doubled, the profit triples. Find the profit percent ?
- 1100%true
- 2200%false
- 3300%false
- 4400%false
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Answer : 1. "100%"
Explanation :
Answer: A) 100% Explanation: Let the C.P be Rs.100 and S.P be Rs.x, Then The profit is (x-100)Now the S.P is doubled, then the new S.P is 2xNew profit is (2x-100)Now as per the given condition; => 3(x-100) = 2x-100By solving, we get x = 200Then the Profit percent = (200-100)/100 = 100Hence the profit percentage is 100%