Multiple choice

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

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

  2. 10%

  3. 20%

  4. 9%
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Profit = 1250 - 1125 = 125. Profit percentage = (Profit / Cost Price) * 100 = (125 / 1125) * 100 = (1 / 9) * 100 = 11 1/9%.

AI explanation

The profit is calculated by subtracting the cost price of 1125 from the selling price of 1250, resulting in a profit of 125. To find the profit percentage, divide the profit by the cost price and multiply by 100, giving 125 divided by 1125 multiplied by 100. This equals 100 divided by 9, which results in a profit percentage of 11 1/9 percent. The answer is 11 1/9 percent.

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