If the cost price of 12 shirts is equal to the selling price of 10 shirts, then the profit percentage is
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Answer:
lets consider the price of each shirt as 10 then price of 12 shirts will be 100. so the same amount will imply to sale of 10 shirts.
as you can see that rs 20 were saved here when 100 rs were paid means a total 20 % was profited
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CP of 11 shirts=SP of10 shirts
Let the CP of 1 shirt be Rs. x
CP of 11 shirts = 11x
SP of 10 shirts = 11x
SP of 1 shirt =11/10x
Profit =SP-CP
=11/10x-x
=x/10
=Profit/ CP *100
=x/10/x*100
=10%
Ans.=The profit is of 10%.
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