a person by pencil at 11 for rupees 10 and sell it at 10 for rupees 11 find profit percent
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Answer:
let cp of one pencil be x
11x=10
x=10÷11
cp of one pencil=10÷11
sp =10x=11
then take lcm of 10,11
Lcm=110
first
cp=10÷11×110
cp=100
sp of 110=11÷10×110
sp=121
profit
sp-cp
121-100
21
profit =21
p%=21÷100×100
p%=21%
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