Question : The selling price of a desktop is 9 times the profit earned on selling this desktop. What is the profit percentage?
Option 1: 10%
Option 2: 12.5%
Option 3: 11.11%
Option 4: 8.33%
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Correct Answer: 12.5%
Solution : Let's the cost price of the desktop as $C$, the profit as $P$, and the selling price as $S$ Selling Price = Cost Price + Profit ⇒ $S = 9P$ ⇒ $C + P = 9P$ ⇒ $C = 8P$ So, Profit % = $\frac{Profit}{Cost Price}$×100 = $\frac{P}{8P}$ ×100 = 12.5% Hence, the correct answer is 12.5%.
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Question : If profit is $\frac{1}{11}$th of the selling price, what is the profit percentage?
Option 1: $9\frac{1}{11}\%$
Option 2: $10\%$
Option 3: $8\frac{1}{3}\%$
Option 4: $11\frac{1}{9}\%$
Question : The ratio of the selling price to the cost price is 9 : 8. What is the profit percentage?
Option 1: 15 percent
Option 2: 12.5 percent
Option 3: 20 percent
Option 4: 10.5 percent
Question : A shopkeeper allows a 20% discount on the marked price of an article and he suffers a loss of 12%. If the article is sold at marked price, then what will be the profit percentage?
Option 3: 9.69%
Question : If 2 times of selling price is equal to 3 times of cost price, then what is the profit percentage?
Option 1: 4 percent
Option 2: 40 percent
Option 3: 25 percent
Option 4: 50 percent
Question : There is a profit of 10% when an item is sold at $\frac{5}{6}$ of its actual selling price. What will be the profit percentage on the cost price when the item is sold at its actual selling price?
Option 1: 28%
Option 2: 32%
Option 3: 26%
Option 4: 30%
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