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RD Sharma Solutions Class 8 Mathematics Solutions for Profit Loss Discount and Value Added Tax Exercise 13.1 in Chapter 13 - Profit Loss Discount and Value Added Tax
Prev
The cost price of 10 articles is equal to the selling price of 9 articles. Find theprofit percent.
Answer:
We know that the cost price of 10 article = selling price of 9 article
Let us consider CP of 1 article as Rs X
Selling price of 9 article = 10X Selling price of 1 article
= 10x/9
Profit = 10x/9 – x
= x/9
Profit % = Gain % = (gain/cost price) × 100
= (x/9)/x × 100
= 100/9
= 11 1/9%
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