Question

If the cost price of 48 articles is equal to the selling price of 32 articles, then what is the profit percent?

Answer 1

Profit and Loss

When the selling price and the cost price of a product is given, the profit can be calculated using the following formula:

When profit and cost price are given to us, the profit percentage can be calculated using the following formula:

where S.P is the spelling price and C.P is the cost price.

Evaluation:

Let us assume that the cost price be Rs.  and selling price be Rs. .

As it is given that, the cost price of 48 articles is equal to the selling price of 32 articles. Therefore,

We know that,

By substituting the known values in formula, we obtain:

We know that,

Now we have all the values which will help to find the profit percentage. By substituting the known values in the form, we get the following results:

Therefore, the profit percent is 50%.

Answer 2

Answer:

If the cost price of 48 articles is equal to the selling price of 32 articles, then what is the profit percent?

Step-by-step explanation: