Question

the cost of 11 pencils is equal to the selling price of 10 pencils find the loss or profit percent whatever may be the cost of one pencil

Answer 1

Heya friend,

Let the CP of 1 pencil be ₹1. Then,

CP of 11 pencils = ₹11

Given that

CP of 11 pencils = SP of 10 pencils = ₹10

Then,

CP = ₹10

SP = ₹11

SP > CP = Profit

Profit = SP - CP

= ₹(11 - 10)

= ₹1

Profit % = Profit/CP × 100

= 10 %


Thanks

With regards@

Tanisha

Answer 2

Answer:

The cost of 11 pencils is equal to the selling price of 10 pencils the profit percent is 10 whatever may be the cost of one pencil.

Step-by-step explanation:

Selling price of 10 pencils is equal to the cost price of 11 pencils.

Let,

Cost price of each pencil be Rs.1

Hence,

Cost price of 10 pencils is $10 \times 1=10$. So, Rs.10

Selling price of 10 pencils = Rs.11

Selling price is greater than Cost price.

Hence, there is a profit.

The amount of the profit is,

$11-10=1$

i.e., Rs.1

The percent of profit is,

 $Profit=\frac{Profit}{Cost Price} \times 100\\\\Profit=\frac{1\times100}{10}$

Profit= 10 %

Hence, the cost of 11 pencils is equal to the selling price of 10 pencils the profit is 10% .

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