An object is sold at a profit of 10%.What is the ratio of its cost price to sale price?
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Step-by-step explanation:
If cp=x
SP=CP+P% X CP
=x+ 10% X x
= 11x/10
Now,
ratio of CP to SP = x/(11x/10/
= 10x/11x
= 10/11
=10:11
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