if selling price is doubled the profit become triple.Find the profit percent?
Answers
Answered by
1
It's so simple 300 percent.
rony5122:
please explain with solution
Answered by
5
Good question I must say
Okay let's see
Let
CP be x
SP be y
then profit well be y-x
Again we have give that
SP is doubled= 2y
profit will be= 2y-x
so
2y-x=3(y-x)
2y-x=3y-3x
y=2x
But profit is=y-x
=2x-x
=x.
Profit percentage will be=x*100/x
=100%.
Okay let's see
Let
CP be x
SP be y
then profit well be y-x
Again we have give that
SP is doubled= 2y
profit will be= 2y-x
so
2y-x=3(y-x)
2y-x=3y-3x
y=2x
But profit is=y-x
=2x-x
=x.
Profit percentage will be=x*100/x
=100%.
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