if the if the cost price of 11 shirt is equal to the selling price of 10 shirt 5 find the percentage profit or loss
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Answer:
the profit is of 10percent
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Answer:
Explanation:
Let the C.P of each shirt = x
Then,C.P of 10 shirts = 10x
S.P of 10 shirts = C.P of 11 shirts = 11x
Thus, C.P = 10x and S.P = 11x
Since S.P < C.P ,there is a gain
Gain = ₹11x-10x = ₹x
Gain % = (gain/c.px100)
Gain % = ( 100x/10x ) = 10%
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