The cost price of 10 pens is equal to the selling price of of 9npens Find the profit or loss percentage
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Answered by
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This can be simply done using an example.
Suppose we have 10 pens costing Rs.10 each
Cost of ten pens : 100
Selling price of 9 pens : 100
Selling price of 10 pens : 100/9 × 10 = 1000/9 = 111.11
Profit % = 111.11 - 100/100 × 100 = 11.11 %
Suppose we have 10 pens costing Rs.10 each
Cost of ten pens : 100
Selling price of 9 pens : 100
Selling price of 10 pens : 100/9 × 10 = 1000/9 = 111.11
Profit % = 111.11 - 100/100 × 100 = 11.11 %
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Step-by-step explanation:
The cost price of 10 pens is equal to the selling price of of 9pens Find the profit or loss percentage
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Let the C.P be 'x' & S.P be 'Y'
Then 10x=9y.........(1)
From ..(1)
%
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