If the ratio of cost price and selling price be 10 : 11 then find the profit percent ?
A. 1%
B. 10%
C. 5%
D. 8%
Answer: Option B
Solution(By Examveda Team)
$$\eqalign{ & \frac{{{\text{Cost price}}}}{{{\text{Selling price}}}} = \left. {\frac{{10}}{{11}}} \right)1 \cr & {\text{Profit }}\% = \frac{1}{{10}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 10\% \cr} $$Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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