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:

Hey , sup!

As per the question,

If the selling price is 100Rs then cost price will be 90 Rs as it is 90% of SP.

Profit= 10.

Profit%= profit/CP ×100.

= 10/90 ×100.

= 11.11%

Answer 2

Step-by-step explanation:

Given :

Cost price of an article is 90% of its selling price.

Find :

The profit or loss in percent.

Solution :

Let the Selling Price = 100

We know that :

Profit = Selling price - Cost price

=> 100 -90

=> 10

Profit % = 10/90 × 100

=> 11.11%

Hence :

The profit percentage is 11.11%.

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