The cost price of 10 apples is equal to the selling price of 9 apples. Find the loss or gain
percentage.
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Answer:
11.11%
Step-by-step explanation:
let the c.p of 10 apple be x.
Then, selling price of 9 apples ( SP) = ₹ x (given)
Cost price of 9 apples (CP)= x * 9 / 10 = 9x /10
sold 9 apples out of 10 apples for the same cost.
=> profit
therefore profit % = (s.p -c.p) of 9apples *100 / c.p of 9 apples
= { [x - (9x/10)]*100 } / (9x/10)
= { [(10x-9x)]*10 } * (10/9x)
= {x*10 } * (10/9x)
=(10x*10)/9x
= 100/9
= 11.11 %
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