the selling price of 10 articles isequal to the selling price of 11 article. Find gain percentage.
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THE SELLING PRICE OF 10 ARTICLES IS EQUAL TO THE COST PRICE OF 11 ARTICLES. FIND THE GAIN PERCENTAGE.
SP of 10 articles = CP of 11 articles
let CP of 1 article be Rs. 1
CP of 10 articles = Rs. 10
SP of 10 articles = CP of 11 articles = Rs. 11
SP is greater than CP
Profit = SP - CP = 11-10 = Rs. 1
Profit % = Profit/CP × 100
= 1/10×100 = 10%
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Answer:
10%
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