Question

If ratio of cost price and selling price is 10:11 then what is the percentage of profit? ​

Answer 1

EXPLANATION GIVEN IN THE ABOVE PIC

Answer 2

❥${\underline{\underline{\huge{\mathbb{QUESTION:-}}}}}$

If ratio of cost price and selling price is 10:11 then what is the percentage of profit?

❥${\underline{\underline{\huge{\mathbb{SOLUTION:-}}}}}$

Given:-

Ratio of cost price and selling price=10:11

Consider,

Cost Price (C.P) = 10x rupees.

Selling Price (S.P) = 11x rupees.

We know,

${\boxed{\green{\bold{Profit=S.P-C.P}}}}$

So, profit = (11x -10x ) rupees.

= 1x rupee

We know,

${\boxed{\purple{\bold{percentage\:of\: profit=\frac{profit}{C.P}×100}}}}$

So,Percentage of profit=$\frac{1x}{10x}×100$

=10%

❥${\underline{\underline{\huge{\mathbb{ANSWER:-}}}}}$

Percentage of profit is 10%.