the cost prince of an article is 90% selling prince .what is the profit or losd percent
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Answer:
11 1/9% or 100/9%
Step-by-step explanation:
cp=90% of sp
cp=(90/100)×sp
cp=9/10 × sp
sp=10/9 ×cp
cp<sp
profit%=(sp-cp)/cp ×100
=(10/9 cp- cp)/cp ×100
= (10-9 / 9) cp/cp ×100
=(1/9)×100
=100/9
=11 1/9 %
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