Question

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

Answer 1

Answer: 16 ⅔%

Step-by-step explanation:

A ligation type

Sp¹ Sp²

50. 70

60

10. 10

CP= Rs 60

SP= Rs 50

Loss% = 10/60 x100 = 16⅔ %

Answer 2

Answer:16. 66%

Step-by-step explanation:

Let CP of an article =₹x

x-50/x×100 = 70-x/x×100

x-50=70-x

x+x=70+50

2x=120

x=60

CP= ₹60

SP= ₹50

Loss% = 10/60×100

=100/60

= 16.66%.