Question

chandu bought a watch after getting discount of 10% on marked price and sold it at the marked price. what profit percentage did chandu get?
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Answer 1

Answer:

11.11%

Step-by-step explanation:

Let the Marked price of the watch be Rs.100.

Discount = 10% of 100 = Rs.10

Selling Price of watch = Rs.100-10 = Rs.90

Cost price for Chandu = Rs.90

Selling price for Chandu = Rs.100

Profit = Rs.100-90 = Rs.10

Profit % = 10/90 × 100 = 11.11%