Question

Satyanarayana buys a watch for Rs. 1125 and sells it for Rs. 1250. The profit percentage was

• A. $11\frac{1}{9}\%$
• B. $10\%$
• C. $20\%$
• D. $9\%$

Answer 1

The correct option is A $11\frac{1}{9}\%$

Given: Cost price of a watch $=Rs.1125$

Selling price $=Rs.1250$

Since Selling price > Cost price

$\therefore$ Profit = Selling price $-$ Cost price

$\Rightarrow$ Profit $=1250-1125=Rs.125$

Now, Profit percentage $=\frac{profit}{CostPrice}\times 100$

$=\frac{125\times 100}{1125}$

$=11\frac{1}{9}\%$