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The selling price of 10 articles is equal to the costprice of 11 articles. Find the gain or loss per cent. |
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Answer» Let the cost price of one article is Rs. 100Then cost price of 11 article is Rs. 100 X 11 = Rs. 1100 According to questionSelling price of 10 article = Cost price of 11 article(Rs 1100)Selling price of 1 article = Rs. 1100/10 = Rs 110 Gain % = 110 -100 = 10% |
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