Question

An article brings half the cost price as profit.What is its selling price?​

Answer 1

Answer:

The selling price of the article is 3 / 2 times the cost price.

Step-by-step-explanation:

Let the cost price of the article be Rs. x.

From the given condition,

Profit = Half of the cost price

⇒ Profit = ( 1 / 2 ) * x

⇒ Profit = ( x / 2 ) Rs

We know that,

Profit = Selling price - Cost price

⇒ Selling price = Profit + Cost price

⇒ Selling price = ( x / 2 ) + x

⇒ Selling price = ( x + 2x ) / 2

⇒ Selling price = 3x / 2

⇒ Selling price = ( 3 / 2 ) * x Rs

∴ The selling price of the article is 3 / 2 times the cost price.