Question

The cost of an article is Rs. 1500 and the selling price is 1 and 1/2 times the cost price. Find the a) selling price b) profit or loss percent

Answer 1

a)sp=RS.2250

b) profit%=50%

Step-by-step explanation:

cp=RS.1500

sp=1 and 1/2 of cp

sp=3/2 times of cp

sp=3/2*1500

sp=2250

a) sp=RS.2250

sp>cp so profit

profit=sp-cp

=2250-1500

profit=rs.750

profit%=profit/cp* 100

750/1500*100

profit%=50%

b) profit%=50%