Question

The artical sold in double than the cost price . find the profit percentage .also if the same article sold in half of cost price . find the loss percent​

Answer 1

Let say CP = 100.

If article is sold at Double the Cost Price, SP = 2*100= 200

$profit \: percent \: = \frac{sp - cp}{cp} \times 100$

$profit \: percent \: = \frac{200 - 100}{100} \times 100$

$profit \: percent \: = 100\%$

if the same article sold in half of cost price, SP = 100/2= 50

$loss \: percent \: = \frac{cp - sp}{cp} \times 100$

$loss \: percent \: = \frac{100 - 50}{100} \times 100$

$loss \: percent \: = 50\%$