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If the selling price of 10 articles is equal to the cost price of 11 articles, then the gain percent is (SSC CGL 1st Sit. 2011)
- a)10
- b)11
- c)15
- d)25
Correct answer is option 'A'. Can you explain this answer?
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Most Upvoted Answer
If the selling price of 10 articles is equal to the cost price of 11 a...
Given:
- Selling price of 10 articles = Cost price of 11 articles
To find:
- Gain percent
Solution:
Let's assume the cost price of each article as 'x'.
So, the selling price of 10 articles = 10x
And the cost price of 11 articles = 11x
According to the given condition:
10x = 11x
Cancelling x from both sides:
10 = 11
This is not possible since 10 is not equal to 11.
Conclusion:
Hence, the given condition is not possible. Therefore, there is no gain percent in this scenario.
Answer:
The gain percent is 0%.
- Selling price of 10 articles = Cost price of 11 articles
To find:
- Gain percent
Solution:
Let's assume the cost price of each article as 'x'.
So, the selling price of 10 articles = 10x
And the cost price of 11 articles = 11x
According to the given condition:
10x = 11x
Cancelling x from both sides:
10 = 11
This is not possible since 10 is not equal to 11.
Conclusion:
Hence, the given condition is not possible. Therefore, there is no gain percent in this scenario.
Answer:
The gain percent is 0%.
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Community Answer
If the selling price of 10 articles is equal to the cost price of 11 a...
Let the C.P. of each article be ₹ 1.
∴ C.P. of articles = ₹ 10
and S.P. of 10 articles = ₹ 11
∴ Profit percent =
∴ C.P. of articles = ₹ 10
and S.P. of 10 articles = ₹ 11
∴ Profit percent =
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