Question

The percentage of loss when an article is sold at 50 is the same as that of the profit when it is sold at rupees 70 the above above-mentioned percentage of profit or loss on the article is

Answer 1

Answer:

1632 %

Step-by-step explanation:

Let the percentage of profit or loss on the article be x.

C.P. at x% loss when S.P. is Rs. 50 = Rs.

(100−x)

50×100

C.P. at x% profit when S.P. is Rs. 70 = Rs.

(100+x)

70×100

∴

(100−x)

50×100

=

(100+x)

70×100

⇒5(100+x)=7(100−x)

⇒500+5x=700−7x⇒12x=200

⇒x=

12

200

=16

3

2

%