Question

if the selling price of an article is twice the costprice the profit per cent is​

Answer 1

Answer:

Profit = 100%

Step-by-step explanation:

Let the C.P be Rs.100

Then S.P is 2x100, which is 200

Profit = S.P - C.P

Therefore, profit = 200 - 100 = Rs 100

Profit% = profit/C.Px100

i.e, 100/100x100

which is 100% profit

Hope you found it helpful

Answer 2

Answer:

let the cost price of article be x

so selling price as per the question is 2x

so profit is 2x-x that is x

so profit percent is profit divided by cost price multiplied to 100

so x÷x×100 = 100%