Multiple choice

A shopkeeper by selling 17 watches earns a profit equal to the selling price of 7 watches. What is his profit percentage?

  1. 41.1%

  2. 82%

  3. 70%

  4. 12.2%

Reveal answer Fill a bubble to check yourself
C Correct answer
AI explanation

If selling 17 watches gives a profit equal to the selling price of 7 watches, then the cost price of 17 watches equals the selling price of 10 watches. This means cost price divided by selling price equals 10 divided by 17. Profit percentage equals 7 divided by 10, which is 70 percent.