If selling price is doubled, profit triples. | vedclass

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Question

Profit $= S.P. - C.P.$

If $S.P.$ is doubled, new profit $=2 S . P .-C . P .=3(S . P .-C . P .)$

i.e. $3 C \cdot P \cdot- C \cdot P ,=3 S \cdot P

Vedclass · Accepted Answer

$100$

Vedclass · Answer

Profit $= S.P. - C.P.$

If $S.P.$ is doubled, new profit $=2 S . P .-C . P .=3(S . P .-C . P .)$

i.e. $3 C \cdot P \cdot- C \cdot P ,=3 S \cdot P .-2 S \cdot P$

or $2 C \cdot P .= S . P$

$	herefore$ Profit $\%=\frac{	ext { S.P. }-	ext { C.P. }}{	ext { C.P. }} 	imes 100=\frac{2 C \cdot P \cdot- C \cdot P }{	ext { C.P. }} 	imes 100=100 \%$

If selling price is doubled, profit triples. Find the profit percent.

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