if sp of an article is 3/2 of its cp, then profit is? please answer step by step​

Question

if sp of an article is 3/2 of its cp, then profit is? please answer step by step​

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Athena 6 days 2021-09-13T20:37:14+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-09-13T20:38:50+00:00

    Step-by-step explanation:

    Let the cost price be x.

    Since, the selling price = 2x

    3

    We know that

    Profit = S.p-C.p x100

    C.P

    = 3x-x

    2

    ×100

    x

    = 2 x100

    x

    = 1 x 100

    2

    =50%

    Hence, this is the answer.

    0
    2021-09-13T20:38:53+00:00

    Here, let x be the C.P

    1.5x – x = Profit = 3/2x – x

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