Question

if the CP of 12 article is equal to the SP of 10 article find profit or loss​

Answer 1

Let the cost price of 1 article be Rs.1

Then ,

Cost price of 10 articles = Rs. 1 × 10 = Rs.10

According to the question ,

Selling price of 10 articles = Cost price of 12 articles

Cost price of 12 articles = Rs.12

Selling price of 10 articles = Rs.12

Cost Price of 10 articles < Selling price of 10 articles.

Rs.10 < Rs.12

So as the Selling price is more , then there is a profit.

$\therefore$ Profit = SP - CP =Rs.12 - 10 = Rs. 2.

$\therefore$ Profit percent = $\frac{P}{CP} \times 100$.

= $\frac{2}{10} \times 100$ = 20 %

$\therefore$ There is a profit of Rs.2 and Profit percent of 20% .

Answer 2

Answer:

the above answer is correct

Step-by-step explanation:

thanks it helped me alot