Question

The selling price of 10 pencils is equal to the cost price of 11 pencils. what is the profit percent

Answer 1

SP of 10 pencils=CP of 11 pencils
Let CP of each pencil be rs.1
So, CP of 10 pencils=rs.10
SP of 10 pencils=rs.11
SP is greater than CP
So, there is a profit.
Profit=11-10=rs.1
Profit per cent= (1/10*100)per cent=10 per cent

Answer 2

Answer:

Profit per cent= (1/10*100)per cent=10 per cent

Step-by-step explanation:

SP of 10 pencils=CP of 11 pencils

Let CP of each pencil be rs.1

So, CP of 10 pencils=rs.10

SP of 10 pencils=rs.11

SP is greater than CP

So, there is a profit.

Profit=11-10=rs.1

Profit per cent= (1/10*100)per cent=10 per cent

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