Question

The cost price of an article is 90% of its selling price. What is the profit or the loss as percent?​

Answer 1

Answer:

11.11%

Step-by-step explanation:

Let the selling price be 100

Given cost price= 90

Profit= Selling Price - Cost Price

100-90

= 10

Profit % = 10/90 * 100

= 11.11%