Profit and Loss - Arithmetic Aptitude Questions and Answers

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

6 $\frac {2 } { 3 }$

100

1 5 $\frac { 1 } {3 }$

120

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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