Question

the selling price of 10 articles is the same as cost price of 11 articles find the loss or gain percent?

Answer 1

CP=10
Sp=11
Gain=SP-CP
=11-10
=1
Gain%=gain/CP x100
=1/10×100
=10%

Answer 2

The gain percent is 10%

Step-by-step explanation:

Let the cost price of 1 article be Re.1

Cost price of 10 articles = Rs.10

Cost price of 11 articles = Rs.11

The selling price of 10 articles is the same as cost price of 11 articles

Selling price of 10 articles = Rs.11

Cost price of 10 articles = Rs.10

Profit = SP -CP

Profit =Rs.11 - Rs.10 + Re.1

Profit% = $\frac{profit}{Cp} \times 100$

Profit% = $\frac{1}{10} \times 100$

Profit% = $10\%$

Hence  the gain percent is 10%

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If SP of 10 articles is equal to CP of 11 article find the gain or loss percentage

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