The ratio of the cost price and the selling price of an article is 2:3. Find the profit per cent.
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Answer:
50% profit
Step-by-step explanation:
Let the ratio be 2x : 3x.
Profit = SP - CP = 3x - 2x = x
Profit percent = Profit/CP × 100 = x/2x × 100 = 50%
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50% profit is the right answer
hope it helps you
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