Question

find the profit or loss percent if cp is 3/5th of its speed?

Answer 1

The major formulas are as follows :

• PROFIT = S. P. - C. P. 

• LOSS = C. P. - S. P. 

• PROFIT% = (PROFIT/CP)×100

• LOSS% = (LOSS/CP)×100

______________________________

$\bold{\huge{SOLUTION \: :}}$

Let the S. P. be ₹ x.

Then, C. P. = ₹ (3x/5)

Profit = ₹ (x - 3x/5) = ₹ (2x/5)

Profit % = {(2x/5)/(3x/5) × 100} %

= {(2/3)×100} %

=
$66 \: \frac{2}{3} \%$

Answer 2

Hi there!

Let the S. P be x/-

Then, C. P = (3x/5) rupees

Profit = ₹ (x - 3x/5) = ₹ (2x/5)

Profit % = {(2x/5)/(3x/5) × 100} %

= {(2/3)×100} %

= 66 2/3%