Question

if the ratio of CP and SP is 10 is to 11 find the profit percent

Answer 1

Dear Student

Given ration of CP & SP is 10:11
Let the ratio be 10x and 11x
Profit = SP - CP
=11x -10x
= 1x
Profit percent = $\frac{Profit}{CP}$ × 100
= 10 %

Regards