A man gains 15% by selling a calculator for a certain price. If he sells it at the triple the price, then what will be the profit percentage?
Let cost price = Rs. $$100x$$
Profit % = 15%
=> Selling price = $$\frac{115}{100}\times100x=Rs.$$ $$115x$$
If selling price is tripled, => new selling price = $$3\times115x=Rs.$$ $$345x$$
$$\therefore$$ Profit % = $$\frac{(345x-100x)}{100x}\times100$$
= $$\frac{245x}{x}=245\%$$
=> Ans - (D)
Create a FREE account and get:
