Question
Profit is triples, Selling price is doubled then How you find Profit Percent ?
Answers
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Step-by-step explanation:
Profit percent is given by Selling Price - Cost PriceCost Price×100. We will use this to solve the problem. Now, we need to find the profit percent given by Selling Price - Cost PriceCost Price×100. Hence, the correct option is (b) 100%
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Given
- Selling price is doubled
- Profit is triples
To Find
- Profit percent
Solution
____________________
Let,
- Celling Price (C.P) be 100
- And Selling Price (S.P) be x
Here we have profit
we know that
___________________
It is Given that S.P is doubled then S.P = 2x
New Profit = (2x -100)
Profit is triples = 3(x-100)
According to Question
- Selling Price = 200
- Cost Price = 100
We know
- Hance Profit Percent = 100% .
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