The CP of 11 apples is equal to the SP of 10 apples. Find the profit or loss percent
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Answer :-
Given :-
CP of 11 Apples = the SP of 10 Apples
To find :-
Gain or Loss % of the transaction
Solution :-
Let the CP of 11 apples be Rs.x
So CP of 1 apple = x/11
Sp of 10 apples = Cp of the 11 apples = Rs.x
So SP of 1 apple = x/10
SP>CP.
So Profit = x/10 - x/11 = x/110
Profit % = (x/110)/(x/11)× 100
The profit is of 10%
Given :-
CP of 11 Apples = the SP of 10 Apples
To find :-
Gain or Loss % of the transaction
Solution :-
Let the CP of 11 apples be Rs.x
So CP of 1 apple = x/11
Sp of 10 apples = Cp of the 11 apples = Rs.x
So SP of 1 apple = x/10
SP>CP.
So Profit = x/10 - x/11 = x/110
Profit % = (x/110)/(x/11)× 100
The profit is of 10%
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