Question

if the cost of 11 shirts is equal to the selling price of 10 Shirts find the percentage profit or loss

Answer 1

Let the CP be X CP of 10 shirts =10x SP of 10 shirts = CP of 11 shirts = 11x CP -SP = loss = 11x- 10x = 1x When CP is 10x then the loss = 1x When CP is 1 then the loss = 1x                                                 10 X When CP is 100 then the loss=X × 100                                                     10x                                                  = 10 percent