Question

if the ratio of cost price and selling price of an article be as 10:11 than the percentage of profit is?​

Answer 1

Answer:10%

Step-by-step explanation:

Profit=11-10=1

Profit%=(1/10)×100

=10%

Answer 2

The percentage of profit is 10 percent.
Let the ratio be 10x and 11x
Profit = SP - CP
=11x -10x
= 1x
Profit percent = Profit\CP × 100
= 10 percent
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