Question

if selling price of an article is 1.5 times it's cost price, then the profit is
a) 15%
b)25%
c) rupees 50
d)50%​

Answer 1

Given,

The selling price of an article is 1.5 times its cost price.

To Find,

The profit =?

Solution,

We can solve the question as follows:

It is given that the selling price of an article is 1.5 times its cost price. We have to find the profit.

Let the cost price be equal to Rs. x. Then, the selling price will be equal to Rs. 1.2x.

$Cost\: price = x$

$Selling\: price = 1.2x$

Now,

The formula for finding the profit percent is:

$Profit = \frac{Selling\: price - Cost\: price}{Cost\: price}*100$

Substituting the values in the above formula,

$Profit = \frac{1.5x -x}{x} *100$

           $= \frac{0.5x}{x} *100$

           $= 0.5*100$

           $= 50$%

Hence, the profit percent is c) 50%.

Answer 2

Answer:

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Step-by-step explanation:

$\rule{250pt}{5pt}$

Given,

Selling price is 1.5 times its cost price

Let the Cost price be x

=> The selling price=1.5×x =1.5x

To Find : Profit Percent

Profit= S.P.-C.P.

= 1.5x - x

= 0.5x

$therefore \: profit\% = ( \frac{0.5x}{x} \times 100 )\%\\ = (0.5 \times 100)\% \\ = 50\%$

$\rule{250pt}{5pt}$