Question

if sp of an article is 3/2 of its cp, then profit is? please answer step by step​

Answer 1

Here, let x be the C.P

1.5x - x = Profit = 3/2x - x

Answer 2

Step-by-step explanation:

Let the cost price be x.

Since, the selling price = 2x

3

We know that

Profit = S.p-C.p x100

C.P

= 3x-x

2

×100

x

= 2 x100

x

= 1 x 100

2

=50%

Hence, this is the answer.