the cost price of 10 articles is equal to the selling price of 9 articles find the profit percent
Answers
Answered by
6
Let Cp=x
SP=y
ATQ
10x=9y
x=9y/10
Profit=(y-x)10=y
Profit%=10y/9y*100=1000/9%
SP=y
ATQ
10x=9y
x=9y/10
Profit=(y-x)10=y
Profit%=10y/9y*100=1000/9%
shalini5058:
but the answer is 11 1/9%
Answered by
29
Let the cost price of 1 article = x.
Then the cost price of 10 articles = 10x.
Let the selling price of 1 article = y.
Then the selling price of 9 articles = 9y.
Now,
Given that Cost price of 10 articles = Selling price of 9 articles.
= > 10x = 9y
= > y = (10x/9).
We know that % = (Selling price - Cost price/(cost price)) * 100
= > (10x - 9x)/9 * 100
= > (x/9x) * 100
= > 100/9
= > 11 1/9%.
Hope this helps!
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