Profit and Loss-Data Intensity 1 Questions and Answers Discussion Page.

3.	If selling price is doubled, the profit triples. Find the profit percent.
	A.	66 [2/3]
	B.	100
	C.	105 [1/3]
	D.	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 % =	(	x	x 100	)% = 100%
		x

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Published by:Michael Daani

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