if the cost price of 9 pens is equal to the selling price of 11pens then what is gain or loss percentage
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Step-by-step explanation:
LOGICAL REASONING
If the cost price of 9 pens is Rs. 11 and the selling price of 11 pens is Rs. 9, find the profit or loss in percent.
C.P. : 9 pens Rs. 11
S.P. : 11 pens Rs. 9
Remark: Make the C.P. and S.P. equal and hence multiplying them by 9 and 11
respectively.
C.P. : 9 × 9 pens (articles 9 × 9)
S.P. : 11 × 11 pens (articles 11 × 11)
Since, cost price of 81 pens is equal to selling price of 121 pens, hence there its loss.
Loss (%) =
121
121−81
×100
=
121
40
×100
=33.06%
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