The selling price of 10 pens is equal to the cost price of 11 pens. Find the gain percent.
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0
Answer:
Let the price of 1 pen = ₹ 10
S.P = 100
C.P = 110
S.P < C.P = loss
loss = ₹ 10
loss % = loss x 100/C.P
loss % = 10 x 100/110
loss % = 100/11
loss % = 9% approx
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8
Let S.P. of each pen bex.
S.P. of 10 pens = 10x
S.P. of 11 pens = 11 x
Given : C.P. of 11 pens = S.P. of 10 pens =10 x
Here, S.P. > C.P.
∴ Profit = S.P. −C.P= 11 x − 10 x = x
Percentage Profit =
% Profit/ Gain =
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