if the ratio of CP and SP is 10:11 find the profit%
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ᴛʜᴇ ᴘᴇʀᴄᴇɴᴛᴀɢᴇ ᴏꜰ ᴘʀᴏꜰɪᴛ ɪꜱ 10 ᴘᴇʀᴄᴇɴᴛ.
ʟᴇᴛ ᴛʜᴇ ʀᴀᴛɪᴏ ʙᴇ 10x ᴀɴᴅ 11x
ᴘʀᴏꜰɪᴛ = ꜱᴘ - ᴄᴘ
=11x -10x
= 1x
ᴘʀᴏꜰɪᴛ ᴘᴇʀᴄᴇɴᴛ = ᴘʀᴏꜰɪᴛ\ᴄᴘ × 100
= 10 ᴘᴇʀᴄᴇɴᴛ
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