the cost price of 9 articles is equal to the selling price of 11 articles find the loss percentage
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⇒ CP of 9 Articles = SP of 11 Articles
⇒ CP × 9 = SP × 11
⇒ CP / SP = 11 / 9
= CP = 11 and, SP = 9
Loss percentage =
⇒ Loss% = Loss /CP × 100
⇒ Loss% = (CP - SP) /CP × 100
Plutting the Values,
⇒ Loss% = (11 - 9) /11 × 100
⇒ Loss% = (2 × 100) /11
⇒ Loss% = 200 /11
⇒ Loss% = 18.18%
Total Loss on the Transaction is 18.18%
SP = CP × (100 - loss%) /100
Using the Values,
9 = 11 × (100 - 200) /11 × 1 /100
9 = 11 × (1100 - 200) /11 × 1 /100
9 = 11 × 900 /11 × 1 /100
9 = 9 Hence, verified.
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