1.

The selling price of 10 mobiles is equal to the cost price of 13 mobiles. What is the profit percentage?1. 30%2. 10%3. 13%4. 3%

Answer» Correct Answer - Option 1 : 30%

Given:

Cost price of 13 mobiles = Selling price of 10 mobiles

Formula Used:

Profit percentage = {(SP – CP)/CP} × 100

Calculation:

Let the CP of 1 mobile = Rs 1

CP of 13 mobiles = Rs 13

CP of 10 mobiles = Rs 10

SP of 10 mobile = Rs 13

Gain percent = (13 - 10)/10 × 100 = 30%

∴ Gain% is 30%



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