The cost price of 11 toy computer is equal to the selling price of 10 toy computers . Find the loss or gain percent whatever may be the cost of 1 toy computer
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Answer:
CP of 11 toy =SP of 10 toy
Let the CP of 1 toy be x
CP of 11 toy =11x
SP of 10 toy =11x
SP of 1 toy =11/10x
Profit=SP-CP
=11/10x-x=x/10
Profit%=Profit/CP×100
=x/10×x×100=10%
Answer = 10%
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