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Profit and Loss


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

A. 100%

B. 200%

C. 300%

D. 400%


Answer: Option a

Explanation:

  CP       SP     Profit
 100       x       x - 100
 100      2x     2x - 100

Given, 2x - 100 = 3(x - 100)
                = 3x - 300
             x = 200
Profit % = (200 - 100)/100*100 = 100%



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