Question

0.3 What is the profit percent if the selling price of an article is twice the cost price?​

Answer 1

Answer:

100%

Answer: The profit percentage is 100%. Step-by-step explanation: Given : If the selling price of an article is twice the cost price.

Answer 2

Given:

Profit% (p) = ?

Let Selling Price (SP) = 2x

Cost Price (CP) = x

We know that,

$p\% = \frac{p}{cp} \times 100 = \frac{x}{x} \times 100 \\ = 100\%$

Therefore, Profit% = 100%

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