Discussion :: Profit and Loss
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If selling price is doubled, the profit triples. Find the profit percent.
Answer : Option B
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% | ||
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