the cost price of an article is one third of the selling price what is the percentage of the profit
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Answered by
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Answer:
Let us assume the purchase price is Rs 100.
If the profit is one third of selling price, then the profit should be HALF of purchase price.
So the profit should be Rs 50 and sale price should be Rs 150.
Now you can see that the profit is ONE-THIRD of the selling price.
The profit is 50 percentage
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Answered by
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Answer:
33%
Step-by-step explanation:
divide 3 by 100
3÷100
= 33.333%
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