If the selling price of an article is doubled, then its loss percentage gets converted into the equal profit percentage. What is the loss percentage?
Answers
Answered by
1
Answer:
Correct Answer:
C) 3313
Description for Correct answer:
Let SP = Rs. x
According to question,
(CP−xCP)×100=(2x−CPCP)×100
CP - x = 2x - CP
3x = 2CP
x=23CP
SP =23CP
SPCP=23>1 unit loss
loss % =13×100=3313%
Answered by
4
Dear Student,
● Answer -
Loss % = 33.33 %
● Explanation -
Let x be cost price and y be selling price.
Loss % = (x-y)/x
On doubling selling price -
Profit % = (2y-x)/x
Given that -
Loss % = Profit %
(x-y)/x = (2y-x)/x
x - y = 2y - x
x + x = 2y + y
2x = 3y
y = 2x/3
So now,
Loss % = (x - 2x/3) / x
Loss % = (x/3) / x
Loss % = 1/3 × 100 %
Loss % = 33.33 %
Hence, the loss percentage is 33.33 %.
Thanks dear. Hope this helps you...
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