The cost price of an item is two-third of its selling price. What is the gain/loss percent on that item?

The cost price of an item is two-third of its selling price. What i

1.	The cost price of an item is two-third of its selling price. What is the gain/loss percent on that item?
A.	50 %
B.	60 %
C.	70 %
D.	80 %
Answer» B. 60 %

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The cost price of an item is two-third of its selling price. What is the gain/loss percent on that item?

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