Question

A man purchased on article at 3/4 of list price and sold at half more than list price.find his percentage profit

Answer 1

cp=3x/4
sp=3x/2
profit percentage=sp-cp/100
=3x/400

Answer 2

Answer:

100%

Step-by-step explanation:

Let the list price be x

CP of article= $\frac{3}{4}x$

SP = $x+\frac{x}{2}=\frac{3x}{2}$

Profit = SP - CP

Profit =  $\frac{3x}{2}-\frac{3}{4}x$

Profit =  $\frac{3x}{4}$

Profit% = $\frac{\frac{3x}{4}}{\frac{3x}{4}} \times 100$

Profit = 100%