Multiple choice

If selling price is thriced, the profit will be four times. Find the profit percent.

  1. 100%

  2. 150%

  3. 200%

  4. 300%

  5. 250%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP be Rs. x and SP be Rs. y.  As it is known that profit = SP - CP, So, 4(y - x) = (3y - x) y = 3x Profit = Rs. (y - x) = Rs. (3x - x) = Rs. 2x   So, profit % = (2x/x) * 100 = 200%