Profit and Loss Practice Test 5

Question : 21 of 40

Marks: +1, -0

If the ratio of CP and SP is 6 : 11 then find the profit percentage.

Solution:

Let the CP and SP be 6x and 11x.
Profit = 11x - 6x = 5x
Profit percentage

={5x}/{6x} ×100

=83 1/3%

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