If cost price of an article is 3/2 of its selling price, then profit or loss…
2017
If cost price of an article is 3/2 of its selling price, then profit or loss percent is
- A.
33 1/8 % profit
33 1/8 % लाभ - B.
33 1/8 % loss
33 1/8 % हानि - C.
33 1/3 % loss
33 1/3 % हानि - D.
33 1/3 % profit
33 1/3 % लाभ
Attempted by 13 students.
Show answer & explanation
Correct answer: C
Solution: Let the selling price be s . Then cost price = (3/2)× s .
Loss = cost price − selling price = (3/2)s − s = (1/2)s.
Loss percent = (loss