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

Question

A shopkeeper by selling 17 Omega watches, earns a profit equal to the selling price of 7 Omega watches. What is his profit percentage?
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Solution 1

Step 1: Let's assume the cost price of one Omega watch is 'x' units.

Step 2: Therefore, the cost price of 17 Omega watches is 17x units.

Step 3: The shopkeeper earns a profit equal to the selling price of 7 Omega watches. So, the profit is 7x units.

Step 4: The selling price of 17 Omega watches i Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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