Question

If the Selling price is90% of cost price then find the profit or loss percent

Answer 1

Answer:

Let the Selling Price = 100

Given Cost Price  = 90

Profit = Selling price - Cost price

        = 100 - 90

        = 10

Profit% = 10/90 * 100  

           = 11.11%

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Answer 2

Answer:

10%

Step-by-step explanation:

Since Selling price is 90% of Cost price, we can say it'll incur a 10% loss

Cost Price = 100

Selling Price = 90

Loss = 10