Question

11. The cost price of an article is 90% of its
selling price. What is the profit or the loss as
percent?
nercent less​

Answer 1

Hey mate, here is your answer...☝☝

¶Let the selling price of the article be £ x.

¶The cost price is £ (9/10)•x

¶ Profit is £ x/10.

¶ Profit percentage is [ { x/10}•{1\x}•100 ] % = 10 %

Hope this helps you.

Plz mark as brainliest ☝ ☝☝

Answer 2

Answer:

Let the SP be 100

CP is 90% of SP that is 90/100×100 that is 90

Gain's formula is SP-CP that is 100-90 that is 10

Gain % formula is profit / CP × 100

That is 100/9

If we divide it into a mixed fraction it is 11 1/9