If the selling price is doubled, the profit triples. Find the profit per cent
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Answer:
S.P = 2Y
C.P = X
PROFIT = 3(Y-X)= (2Y-X)
= 3Y-3X-2Y+X
= 1Y-2X
(i.e)Y=2X : Profit = (Y-X)(i.e) =(2x-x)=Rs.x
Profit% = C.P/profitX100= X/X*100=100%
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