Question

A purchased a cot for ₹ 11000 and sold it at ₹ 12100. what's his rate of profit ?​

Answer 1

Answer:

its 10%

Step-by-step explanation:

12100-11000

=1100

=1100÷11000

=0.1 ×100

=10%

Answer 2

Answer:

cp of coat =11000

sp of coat =12100

here sp>cp

therefore profit occurs

profit =sp-cp

=12100-11000

=1100

profit% = profit/cp x100

=1100/11000 x100

=1/10x100

=10%