Question

a dealer when sells things at five times the cost price of things it exceeds twice its selling price equal to three times the profit made in selling the things.what is profit percentage made on article ?

Answer 1

Answer:

333.3%

Step-by-step explanation:

Let the cost price be X.

let the selling price be y.

Now according to question, y = 5x.

or, x=$\frac{1}{5}$y

Let the profit be p.

Also as per the question, 2y = 3p

or, y = 1.5 p

Now profit percentage is equal to,

$\frac{Profit}{cost price}$×100.

or, profit percentage=$\frac{100p}{x}$.................(1)

Now,

$x=\frac{1}{5}y=\frac{1}{5}(1.5p)=0.3p$

Now putting the value of x in equation 1. we get,

Profit percentage=(100p)÷0.3p=333.3%.