Question

if s.p of an article is3/2 of its c.p. then profit is​

Answer 1

Answer:

Profit = cp/2 and Profit% = 50%

Step-by-step explanation:

Let CP be x

then, SP = 3x/2

Profit = SP - CP

= 3x/2 - x

Profit = x/2

Profit% = x/2 × 1/x × 100 = 50%

Answer 2

To make this question easier let the CP be 100.

then SP = 3/2×100=150

PROFIT= 150-100=50

THEN PROFIT%=50/100 ×100= 50%