Home » Aptitude » Profit and Loss » Question
  1. If the cost price of 10 articles is equal to the selling price of 9 articles, the gain or loss percent is
    1. 11
      1
      % profit
      9
    2. 7
      6
      % profit
      17
    3. 11
      1
      % loss
      9
    4. 1
      12
      % loss
      13

Correct Option: A

Let C.P. of each article be $ 1
Then, C.P. of 9 articles = $ 9
S.P. of 9 articles = $ 10
Profit = S.P. of 9 articles - C.P. of 9 articles = 10 - 9 = $ 1

Required profit percent =
Profit
× 100
C.P. of 9 articles

Required profit percent =
1
× 100 = 11
1
%
99

Second method to solve this question :
Here, p = 10, q = 9
Profit % = p - q × 100
q

Profit % = 10 - 9 × 100
9

Profit % =
1
× 100
9

= 11
1
%
9



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