Question

If the cost price of 11 articles is equal to the selling price of 10 articles, find the gain percent.​

Answer 1

Step-by-step explanation:

Let the cp of each be ₹ 1;

then cp of 10 article = ₹ 10

A/q

Cp of 10 article (₹ 10) = Sp of 11 article [ ₹ 11 ]

clearly sp > cp so gain = sp - cp = ₹ 1

profit % = p/ cp × 100

1/100 × 100 = 10%

Answer 2

Step-by-step explanation:

Let the cost price be Rs.1

CP (Cost Price) of 10 articles= Rs.10

SP (Selling Price) of 10 articles= CP (Cost Price) of 11 articles= Rs.11

Thus, Profit on 10 articles= SP-CP

                                         = 11-10

                                         = Rs.1

Profit%= Profit/CP * 100

           = 1/10 * 100

           =10%

Thus, the gain percent is 10%.