If selling price is doubled, the profit triples | Profit and Loss | Aptitude | IndiaBIX

Nice explaination

Shouldn't it 2y-x/x*100

Why didnt we directly assume C.P as x and S,P as 2x as it is assume to be double

2x-x kaise nikala

Best way of studies first is test and some create confusion then get videos is solution good idea of studies

how both the profits are equal??

Fantastic explaination

Nice explained sir..

Here at last when we are calculating profit% then for profit value you have written y-x why cant we right 3(y-x) this is the profit value when sp doubled right then why are we taking the initial profit value

if we take SP = 2y, then P% is coming 300.........Can you clear this, value should be same as profit is equal in both cases.
clear this please

how 2y-x and 3(y-x) equal ,any body knows ,will u reply

Nice explanation..thank you

100/100*100

Any short cuts sir

Sir profit is 3(y-x) which means 3(2x-x)/x X 100 =%🙄🙄🙄

Very nice, thank you sir

i have a doubt , imagine i have a 1 c.p is 10rs and selling price is 20 rs , so i double the s.p so it is 40 rs
so profit is 40-10 that is 30 rs , so profit is (40-10/10 )*100 = 300%

I could not find the reason why the two profits are equated instead of equating SP and profit as given in the question

Tqs keep going on👍dude

300% is correct answer

thanks

Thanks

,,,,,,,,,,,,,,,,,,,,,,,,😂😂😂😂😂

At first you said, profit= (Sp-Cp),then how did you wrote profit(sp-cp)

Suppose
S.P= 100
C.P= 80
Profit=20..

If S.P becomes double = 200
C.P same=80
Profit becomes = 120

So how 100% ...? It is 60% of Selling price

Why does this question seem illogical? Plz explain

Consider CP is rs.100 then SP is doubled. Soo it is rs.200 then P% = (P/CP)×100 then P =200-100 =100
Then apply the value (100/100)×100 = 100

This question is very confusing because it does not EXPLICITLY mention in the statement that CP remains the same.

My ans
Let sp = 100
Atq
200= x × 300/100
200 × 100/300 = x
200 × 1/3 = x
X = 66 2/3 ans i think

Please check can it be done this way?

let CP = x
then SP = 2x (Doubled)
Profit % = [(SP - CP )/CP ] * 100
[(2x-x)/x] * 100
x/x * 100 = 100%

The video is seen by half of the people

The current profit is 100%. Because the profit after doubling the selling price = 2nd profit - 1st profit
Which is current profit = (3y-3x)-(y-x)
current profit = 3y-3x-y+x
current profit = 2y-2x
current profit = 2(y-x)
current profit = 2 times the 1st profit -:(1st profit = y-x)
current profit = 1st profit * 1st profit
Such that, current profit = 100%

Thanks a lot, you made it so easy and clear

❤❤

If sp= 2x and profit is 3x on cp so it is 200% profit

Why u took y-x as profit instead of 2y-x to calc the %profit

Thanks

Thanks

Great question and explanation
However, I think there is a flaw in this question or the explanation, here is my argument.
The question says: "Find the profit percent", but then it didn't specify which profit percent we're to find, whether the profit percent before the selling price was doubled or after it was doubled. From the explanation in this video, the tutor solved for the profit percent before the S.P was doubled . Perhaps I could be given more clarification. Thank you

I❤ your website for allowing free mcqs to try and solution in detail