Question

if the selling price is tripled the profit goes up to 5 times, find the profit percent

Answer 1

ans will be 1.67℅......

Answer 2

Answer:50%

Step-by-step explanation:

let the cost price of thing is 100 and profit is x.

so the selling price = 100+x

according to question

3*(100+x) = 5x

300+3x = 5x

2x = 300

x= 150

as we know

$%Profit = \frac{SP-CP}{CP}*100\\\\=\frac{150-100}{100}*100\\\\=50%$

so %profit is 50%