the selling price of 11 articles is equal to cost of 13 articles. find the gain per cent.
Answers
Answered by
2
Answer:
Profit% = 18.1818%
Step-by-step explanation:
Let the Cost Price (CP) of 1articles will be x.
CP of 13 articles = 13x
SP of 11 articles = 13x
SP of 1 articles = 13x/11
Profit = SP - CP
= 13x/11 - x
= (13x - 11x)/11
= 2x/11
Profit% = P×100/CP
= 2x/11 × 100/x
= 200x/11x
= 200/11
= 18.1818%
Hope it will help you.
Similar questions