1. If the selling price of 10 articles is equal to the cost price of 11 articles, then the gain percent is
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By: anil on 05 May 2019 02.00 am
If the selling price of 10 articles is equal to the cost price of 11 articles, then 10SP = 11CP i.e. SP = $$frac{10}{11} imes CP$$
gain% = $$frac{SP - CP}{CP} imes100$$
= $$frac{frac{10}{11} CP - CP}{CP} imes100$$
= 10%
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gain% = $$frac{SP - CP}{CP} imes100$$
= $$frac{frac{10}{11} CP - CP}{CP} imes100$$
= 10%