If the cost price of an artical os 3÷2 of its selling price then the profit or loss percent is
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let the SP of an article be x
then, CP of an article be 3x/2
CP >SP
so, loss = CP - SP
= 3x/2- x
= x/2
loss%= (loss/cp× 100)%
= (x/2/3x/2× 100)%
100/3 % = 33.3%
then, CP of an article be 3x/2
CP >SP
so, loss = CP - SP
= 3x/2- x
= x/2
loss%= (loss/cp× 100)%
= (x/2/3x/2× 100)%
100/3 % = 33.3%
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