Answer:
The answer is 10%
Step-by-step explanation:
Given,
C.P = 50
Profit = 5
So, S.P = 55
Now,
[tex]Percentage=\frac{S.P-C.P}{C.P}=\frac{55-50}{50}=0.1[/tex]
= 0.1 × 100% = 10%
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