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1). 41.1 percent2). 82.2 percent3). 70 percent4). 12.2 percent |
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Answer» Let’s ASSUME the selling price of ONE Omega watch is Rs. ‘x’ According to the given information, Total sales = 17x PROFIT = 7x ⇒ SP - CP = 7x ⇒ 17x - CP = 7x ⇒ CP = 10x ⇒ Profit % = ((SP/CP) - 1 ) × 100 = ((17x/10x) - 1) × 100 = 70% ∴ Profit % = 70% |
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