Book Online Demo

Check Your IQ

Try Test

Courses

Dropper NEET Course Dropper JEE Course Class - 12 NEET Course Class - 12 JEE Course Class - 11 NEET Course Class - 11 JEE Course Class - 10 Foundation NEET Course Class - 10 Foundation JEE Course Class - 10 CBSE Course Class - 9 Foundation NEET Course Class - 9 Foundation JEE Course Class -9 CBSE Course Class - 8 CBSE Course Class - 7 CBSE Course Class - 6 CBSE Course

Offline Centres

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

see full answer

High-Paying Jobs That Even AI Can’t Replace — Through JEE/NEET

🎯 Hear from the experts why preparing for JEE/NEET today sets you up for future-proof, high-income careers tomorrow.

An Intiative by Sri Chaitanya

50%

60%

120%

100%

answer is D.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

Concept- Using the formula for profit, which is

Profit = S . P - C . P

and profit percent, which is

Profit % = \frac{Profit}{C . P} \times 100

, where S.P. is the selling price and C.P. is the cost price.
Given is that:
If S.P. is doubled, profit triples.

Assuming S . P . as x

And C . P . as y

We know that:

Profit = S . P – C . P

So here profit will be:

Profit = S . P – C . P

Profit = x - y

Now, according to question, S.P is doubled

S . P = 2 x

So profit will be:

Profit = 2 x - y

Now according to the question, profit gets tripled when S.P is doubled.

∴ Profit = 3 (x - y)

= 3 x - 3 y

Equating the two values of profit, we get:

2 x - y = 3 x - 3 y

……(i)

2 y = x

……..(ii)
Now, since

Profit = x - y

Therefore,
Substituting value of 1 in 2, we get,

Profit = 2 y - y

= y

Now, using this value of profit, we can find out the profit %.
Formula for profit percent is given by:

Profit % = \frac{Profit}{C . P} \times 100

Profit % = \frac{y}{y} \times 100

Profit % = 100 %

Hence, the correct option is 4.

Watch 3-min video & get full concept clarity

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Online Course for IIT JEE

Best Online Course for NEET

Best Online Course for CBSE

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Get Expert Academic Guidance – Connect with a Counselor Today!

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Online Course for IIT JEE

Best Online Course for NEET

Best Online Course for CBSE