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If selling price of an article is twice the cost price, the profit percent is |
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Answer» Answer: The profit PERCENTAGE is 100%. Step-by-step explanation: GIVEN : If the selling price of an ARTICLE is twice the cost price. To find : The profit percent is ? Solution : Let the cost price of an article is CP=Rs.x The selling price of an article is twice the cost price, i.e. SP=Rs.2x The profit is given by, Profit = Selling price - Cost price Profit = 2x-x Profit = Rs.x The profit percentage is given by, THEREFORE, The profit percentage is 100%. |
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