Question

# If the cost price of $$11$$ shirts is equal to the selling price of $$10$$ shirts, find the percentage profit or loss.

Solution

## $$11(CP) = 10(SP)$$Profit/loss =$$\dfrac{SP - CP}{CP} \times 100 =\dfrac{\dfrac{11 CP}{10} - CP}{CP} \times 100$$$$= 10$$% profitMathematics

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