If the c.p of 6 articles is equal to the school s.p of 4 articles find the gain percent
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Let the CP of 1 article be ₹x.
CP of 6 articles = ₹6x
CP of 6 articles = SP of 4 articles
SP of 4 articles = ₹6x
SP of 1 article = ₹6x/4
= ₹3x/2
For 1 article -
SP > CP = profit
Profit = SP - CP
= ₹3x/2 - ₹x
= ₹x/2
Profit % = profit/CP * 100
= (₹x/2) /₹x * 100
= 50
Ans. = A profit of 50% has been made.
Hope it helps !!!
CP of 6 articles = ₹6x
CP of 6 articles = SP of 4 articles
SP of 4 articles = ₹6x
SP of 1 article = ₹6x/4
= ₹3x/2
For 1 article -
SP > CP = profit
Profit = SP - CP
= ₹3x/2 - ₹x
= ₹x/2
Profit % = profit/CP * 100
= (₹x/2) /₹x * 100
= 50
Ans. = A profit of 50% has been made.
Hope it helps !!!
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