Question

if selling price is doubled, profit tripples find the profit in percentage .

A 50
B 100
C 150
D 200
E none
​

Answer 1

The profit percentage is 100

Answer 2

Answer:

If selling price is doubled, the profit triples.

In this case, amount of increase in the selling price is equal to amount of increase in the profit. Therefore,

selling price = 2 × profit

⇒ selling price - profit = profit

⇒ cost price = profit

⇒ profit percent =100%

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