Practicing Success
If the ratio of selling price and cost price of an apple be 11 : 10, the percentage of profits is : |
8% 10% 12% 18% |
10% |
ATQ, S.P. : C.P. = 11 : 10 Profit = S.P. - C.P. = 11 - 10 = 1 Profit Percent = \(\frac{Profit}{C.P.}\) × 100% = \(\frac{1}{10}\) × 100% = 10% |