Question
The article is sold at a profit of 50%. If the
purchasing price doubles and the selling price halves, what will be the percentage of profit or loss?Solution
Let CP = 100 Profit = 50% Sp = 150 So now CP is double, and the selling price is half. then CP= 200 SP = 75 Loss = 200-75= 125 Loss% = (125/200) ×100 =62.5%
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