Question

A person buys pencils at 11 for Rs. 10 and sells it at 10 for Rs.11. Find profit%

Answer 1

Answer:

profit=sp-cp

Explanation:

11-10=1

profit=profit/cpx100

1/10×100

10%profit

Answer 2

Answer:

10%

Explanation:

profit=s.p-C.P.

11-10=₹1

profit percent=profit×100/C.P.

1×100/10

1×10=10%