Question

Q.18. If the ration of CP and SP is 10:11.then the profit percent is
1. A. 10
2. B.15
3. 0.20
4. 0.25​

Answer 1

Answer:

since ; CP : SP = 10:11

Let the CP be 10x

and the SP be 11x

Therefore; PROFIT = SP-CP

= 11x - 10x

= x

PROFIT PERCENT = profit / cp × 100%

= x / 10x * 100%

= 10% ; ans.