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

Question

Accepted Answer

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

Discussion & Comments