20 wristwatches were sold for ₹56250. total profit was ₹6250. what was profit percent?
Answers
Answered by
1
6250 * 100 / 56250 = 11.11%
Answered by
6
Answer:
= 12½
Step-by-step explanation:
Solution :
Selling price of 20 watches (s.p) = 56250
profit ( g ) = Rs6250
Total cost price (c.p ) = s.p - gain
= 56250 - 6250
= Rs 50000
Profit % = ( g × 100 )/c.p
= ( 6250 × 100 )/50000
= 625/50
= 12.5%
= 12½ %
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