The cost price of 9 articles is equal to the selling price of 11 articles. Find the loss percentage
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Answer:
18.1818181818%
Step-by-step explanation:
Let the cost price of each article be x.
cost price of 11 article= 11x
cost price of 9 articles = 9x = Selling price of 11 articles
Clearly Selling price is less than Cost price
Therefore there is a loss.
loss = 11x-9x=2x
therefore loss percentage = (2x*100)/11x = 18.1818181818percent
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