Question

If cost price of 11 shirt is equal to selling price of 10 shirt find the profit percentage or loss percentage

Answer 1

CP of 11 shirts=SP of10 shirts
Let the CP of 1 shirt be Rs. x
CP of 11 shirts = 11x
SP of 10 shirts = 11x
SP of 1 shirt =11/10x
Profit =SP-CP
=11/10x-x
=x/10
=Profit/ CP *100
=x/10/x*100
=10%
Ans.=The profit is of 10%.