If the cost price of 11 shirts is equal to the selling price of 10 shirts find the percentage of profit or loss
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Hey!
CP of 11 shirts = SP of 10 shirts
Let the CP of 1 shirt be ₹x
Let the CP of 11 shirts be ₹11x
Let the CP of 10 shirts be ₹10x
SP of 10 shirts = ₹11x
CP of 10 shirts = ₹10x
Therefore, there is a profit.
Profit = ₹11x-₹10x = ₹x
Profit % = ₹x/₹10x × 100 = 10%
Answer => There is a a profit of 10%
Hope this helps...
CP of 11 shirts = SP of 10 shirts
Let the CP of 1 shirt be ₹x
Let the CP of 11 shirts be ₹11x
Let the CP of 10 shirts be ₹10x
SP of 10 shirts = ₹11x
CP of 10 shirts = ₹10x
Therefore, there is a profit.
Profit = ₹11x-₹10x = ₹x
Profit % = ₹x/₹10x × 100 = 10%
Answer => There is a a profit of 10%
Hope this helps...
nRohan1:
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Answer:
10%
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