Question

the selling price of an article is half of its cost price so profit percent or loss will be.

Answer 1

let CP = x

SP = x/2

loss = CP - SP
= x - x/2
=x/2

loss % = x (100/2x )= 50%

Answer 2

Cost price=Rs.x S.P=Rs.x/2. Loss= x-x/2 = x/2. Loss percent={ (x/2)/ x} ×100 =50