Question

An object is sold at a profit of 10 percentage.What is the ratio of its cost price to sale price

Answer 1

Step-by-step explanation:

Profit% = 10%

Let the C.P. be ₹x.

Profit = 10/100 × ₹x

= ₹ 1x/10

Therefore,

S.P. = C.P. + Profit

= ₹ x + x/10

= ₹ 11x/10

So, As per sum,

C.P : S.P

= ₹x : ₹11x/10

= x ÷ 11x/10

= x × 10/11x

= 10/11

= 10 : 11

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