English, asked by sathya4566, 10 months ago

Cost price of an item in two-third Of its selling price.find the profit or loss percentage?

Answers

Answered by JayaBika

0

Answer:

Profit Percentage is 50%

Explanation:

Since SP>CP, So it is Profit

C.P. = 2/3 S.P.

SP-CP = Profit

Profit % = (Profit *100)/CP

=(SP - 2/3SP)*100

/(2/3SP)

= 50

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