Question

An article sold at a certain price, if it is sold 33 1/3% of its
price there is a loss of 33 1/3 %. What is the percentage of
profit when it is sold at a 60% of its original selling
price?​

Answer 1

Answer:

37.5%

Step-by-step explanation:

suppose mp=100

sp=33.33

loss =33.33

cp=33.33*100/66.66=50

cp=50

50*160/100=80

80-50=30

30*100/80=37.5% profit