The Selling Price of 10 Article is the same as the cost price of 11 articles, find gain percent.
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Answer:
10 %
Step-by-step explanation:
Selling Price of 10 = Cost Price of 11
:. S.P. = the cost of 11 articles
C.P. = cost of 10 articles
Let the cost of 1 article be 100 Rs.
:. S.P. = 1100Rs
C.P. = 1000Rs
:. Profit = 100 Rs
Profit% = Profit/CP x 100
= 100/1000 x 100
= 1/10 x 100
= 10
= 10%
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