What is the percentage profit if the ratio of purchase price to selling price is 10/11?
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Answer:
10%
Step-by-step explanation:
As he purchase with ₹10 and selling with ₹11.
It means selling with ₹1 more then,
Percentage Profit = (Additional Amount/Purchase Amount) * 100
= (1/10)* 100
= 10%
Answered by
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10% PROFIT
SUPPOSE IF HE PURCHASED FOR RS 10 AND SELL FOR 11RS SO THE PROFIT WOULD BE OF RS 1 I. E. 10%!!
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