The selling price of 9 articles is equal to cost price of 10 articles. Find the profit percent.
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Answer:
100/9%
Step-by-step explanation:
let cost of 1 article = X
Then, Cost of 10 article = 10X
Selling price of 9 article = 10X ,
Selling Price of 1 article = 10X/9,
Selling Price of 10 article = 10X + 10X/9 = 100X/9.
Profit = Selling Price - Cost = 100X/9 - 10X = 10X/9
Profit percent = (profit/cost) × 100 = (10X/9)/10X × 100 = 100/9% .
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