the cost price of an article is 90% of its selling price. Find his profit percentage.
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Hi ,
Let the selling price = Rs 100
cost price = 90% of s.p
= Rs 90
Gain = s.p - c.p
g = 100 - 90
g = Rs 10
Gain percentage = ( g × 100 )/c.p
= ( 10 × 100 )/90
= 100/9
= 11 1/9 %
I hope this helps you.
: )
Let the selling price = Rs 100
cost price = 90% of s.p
= Rs 90
Gain = s.p - c.p
g = 100 - 90
g = Rs 10
Gain percentage = ( g × 100 )/c.p
= ( 10 × 100 )/90
= 100/9
= 11 1/9 %
I hope this helps you.
: )
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