Question

if the selling price of an article is twice the cost price, the profit percent is​

Answer 1

let cp = 100

therefore sp = 200

profit = sp - cp

200 - 100

= 100

p% = p * cp / 100

100 * 100 / 100

100%

Answer 2

Answer:

If the selling price of the article is twice its cost price, then the profit percentage is 100%

Step-by-step explanation:

If C is the cost price of the article,

then given that the selling price is twice the cost price

That is, selling price = 2C

Profit = Selling Price - cost price

= 2C- C = C

Profit percentage = (profit / cost price)*100

=$\frac{C}{C} *100$

$= 100$

So the profit percentage = 100%