Latest CSC Aptitude Question SOLUTION: If selling price is doubled, the profit triples. Find the profit percent. A. 200/3% B. 100 C. 316/3 D. 120

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(#M40003735) CSC Numerical Ability question profit and loss Keep an EYE

If selling price is doubled, the profit triples. Find the profit percent.

A.
200/3%

B.
100

C.
316/3

D.
120

Asked In CSC (12 years ago)

Unsolved Read Solution (4)

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Read Solution (4) :

Sanjana Patnaik  (12 years ago)

Let the CP be Rs100 and Sp be Rs.x, then the profit is x-100
Now the SP is doubled then The new SP is 2x
New profit is 2x-100
Now as per the given condition; 3(x-100)=2x-100
solving we get x=200
Then the Profit percent =(200-100)/100
Hence the profit percentage is 100%

Is this solution Helpfull? Yes (38) | No (12)  

rajakumar  (10 years ago)

let c.p=100
s.p is doubled so s.p=2*100=200
gain=s.p-c.p=200-100=100
profit%=(gain*100)/c.p=(100*100)/100=100

Is this solution Helpfull? Yes (8) | No (6)  

priya ranjan  (8 years ago)

s.p = rs x
c.p= rs y
profit =(x-y)
if s.p doubles and profit triples
3(x-y)= 2x-y
3x-3y=2x-y
x=2y
now
s.p=2y
c.p = y
profit = 2y-y
= y
profit %= y/y*100
= 100%

Is this solution Helpfull? Yes (1) | No   

sheenu garg  (8 years ago)

100% is answer

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