Question

if SP of 10 articles is equal to CP of 11 article find the gain or loss percentage

Answer 1

SP of 10 articles = CP of 11 articles

let CP of 1 article be Rs. 1

CP of 10 articles = Rs. 10
SP of 10 articles = CP of 11 articles = Rs. 11

SP is greater than CP
Profit = SP - CP = 11-10 = Rs. 1

Profit % = Profit/CP × 100
= 1/10×100 = 10%

Answer 2

Answer:

Given: 10SP = 11CP (from  the question write like this)

Cross multiplying we get : SP/CP = 11/10

Since Numerator SP is more than denominator CP, we conclude that the transaction is profitable.

Hence profit = SP-CP which is 11-10= 1

Profit Percentage = Profit X 100/CP

Ie. 1X100/10 = 10%

Ans: 10%

Step-by-step explanation: