60 % of the cost price of an article is equal | vedclass

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Question

Let, the $C.P.$ of article be $₹ 100$ and its $S.P.$ be $₹ x$

Now, according to the question,

$100 	imes \frac{60}{100}=\frac{x 	imes 50}{100}

Vedclass · Accepted Answer

$20 \%$ profit

Vedclass · Answer

Let, the $C.P.$ of article be $₹ 100$ and its $S.P.$ be $₹ x$

Now, according to the question,

$100 	imes \frac{60}{100}=\frac{x 	imes 50}{100}$

$\Rightarrow 60=\frac{x}{2} \Rightarrow x=120$

$	herefore \quad \operatorname{Gain} \%=20 \%$

$60 \%$ of the cost price of an article is equal to $50 \%$ of its selling price. Then the percentage of profit or loss on the cost price is

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