Question

A shopkeeper by selling 13 Titan watches, earns a profit equal to the selling price of 3 Titan watches. His profit percentage is

Answer 1

Answer:

⇒ Profit Percentage = 23.08%

Step-by-step explanation:

Let Selling price of one watch be x

So, selling price of 13 watches = 13x

Also, selling price of 3 watches = 3x

Now, selling price of 13 watches = profit after selling 3 watches

⇒ Profit = 3x ÷ 13x

⇒ Profit = 0.2308

So, Profit percentage = 0.2308 × 100

⇒ Profit Percentage = 23.08%