a cost of Price of ₹10 article is equal to the selling price of 9 artical. find the gain percent
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Here is your answer:-
Let the C.P. of 1 articles =Rs.1.
∴ The C.P. of 10 articles =1×10=Rs.10
∴ S.P. of 9 articles= C.P. of 10 articles
∴ S.P. of 9 articles=Rs.10
Hence, we calculate the cost of 9 articles,
C.P. of 9 articles=1×9
=Rs.9
∴Profit=S.P.−C.P.
Profit=10−9
Profit=Rs.1
∴Profit%= Profit/C.P ×100
Profit%=1/9 ×100
Profit%=11.11%.
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