Question

S.P of 10 articles is equal to C.P of 11 articles ,find the gain or loss percent ( with explanation )​

Answer 1

10%

Step-by-step explanation:

SP of 10 articles = CP of 11 articles

let CP of 1 article be Rs. 1

CP of 10 articles = Rs. 10

SP of 10 articles = CP of 11 articles = Rs. 11

SP is greater than CP

Profit = SP - CP = 11-10 = Rs. 1

Profit % = Profit/CP × 100

= 1/10×100 = 10%