Question

Ratio of CP and sp be 3:5 find loss or profit percent​

Answer 1

A n s w e r

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G i v e n

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• Ratio of CP and sp be 3 : 5

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F i n d

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• Loss or profit percent

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S o l u t i o n

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Let the SP and CP be 5x & 3x respectively

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We know that profit or loss can be calculated by subtracting cost price from selling price

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i.e

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➠ SP - CP

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Where ,

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• SP = Selling price

• CP = Cost price

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For this question ,

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➜ 5x - 3x

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➜ 2x

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Here we got a positive values thus this is a case of profit while when we get negative value here then it would be a case of loss

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$\underline{\bold{\texttt{Profit percentage :}}}$

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➠ $\sf \dfrac { Profit } { Cost \: price } \times 100$ ⚊⚊⚊⚊ ⓵

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• Profit = 2x

• Cost price = 3x

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⟮ Putting the above values in ⓵ ⟯

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➜ $\sf \dfrac { Profit } { Cost \: price } \times 100$

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➜ $\sf \dfrac { 2x} { 3x } \times 100$

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➨ 66.66%

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• Hence there will be a profit of 66.66%

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Additional information

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Loss percentage

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• $\sf \dfrac { Loss } { Cost \: price } \times 100$

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