the ratio of cost price and selling price of an article is 2:3 .find the profit percent
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Answer:
50%
Step-by-step explanation:
Let the ratio be x as 2x : 3x
Now, given C.P = 2x
S.P = 3x
Profit = S.P - C.P
= 3x - 2x
= x
Profit % = Profit / C.P * 100
= x / 2x * 100
= 1 / 2 * 100
= 500%
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