the cp and sp of an article are in rato a:b if b= 200% of a then percentage of profit on cp is
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Answer:
let us suppose cost price is x
Selling price is 200/100 of x
Which is 2x
Profit =2x-x =x
Percentage of profit on cost=( x/x ) *100
It is 100 % on cost
Step-by-step explanation:
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