If the cost price of 2 apples is equal to the selling price of 3 apples, then find the profit percentage.
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Answer:
33and half %
Step-by-step explanation:
Let the cost price of each apple be x
Then, CP of 3 apples = 3x
SP of 3 apples = CP of 2 apples = 2x
Thus, CP = 3x and SP = 2x
Since (SP) < (CP) , there is a loss.
Loss = (CP-SP) = 3x-2x =1 x
Loss %= Loss/CP×100
= 1x / 3x × 100 = 33 and half %
Hope it helps you !
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