Question

Percentage.
7. The cost price of an article is 90% of its selling price. Find his profit percentage
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Answer 1

Answer:

Step-by-step explanation:

given cp=90%sp=0.9sp

profit=sp-cp

=sp-0.9sp=0.1sp

now profit%=p/cp*100=0.1sp/0.9sp)*100

=100/9=11.1%

Answer 2

Answer:

11.11%

Step-by-step explanation:

Let the Selling Price = 100

Given Cost Price = 90

Profit = Selling price - Cost price

= 100 - 90

= 10

Profit% = 10/90 * 100

= 11.11%

Hope this helps!