+3 votes
in Class 11 by kratos

If the SP is doubled, the profit triples. Find the P%

1 Answer

+5 votes
by kratos
 
Best answer

Let the C.P be Rs.100 and *.P be Rs.x, Then

The profit is (x-100)

Now the .P is doubled, then the new .P is 2x

New profit is (2x-100)

Now as per the given condition;

=> 3(x-100) = 2x-100

3x - 300 = 2x - 100

3x - 2x = -100 + 300

x = 200

Then the Profit percent = (200-100)/100 = 100

Hence the profit percentage is 100%

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