Question

mukesh sells an item for ₹1100and gains 1/10 of its cot price find its cost price and gains percent​

Answer 1

Answer:

cost price is ₹1000 gains percent is 10%

Step-by-step explanation:

sales value of item ₹1100

i.e cost price + gain 1/10 = 1100

i.e x + 1/10x = 1100

i.e 10x + 1x = 1100 × 10

i.e 11x = 11000

hence x = cost price = ₹1000

and gains profit which ₹1100 - ₹1000 = ₹100 is 1/10 th which is 10%