The selling price of 11 laptops is equal to the cost price of 10 laptops. What is the loss per cent?
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Step-by-step explanation:
sp of 1 laptop = rs. 1
cp of 1 laptop = rs. 1
sp of 11 laptops = cp of 10 laptops
sp = rs.10
cp = rs.11
cp > sp , therefore, it is loss
loss = cp - sp
11 - 10= 1
loss% = loss \ cp *100
1\ 11 * 100
= 9.09 %
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