The selling price of \(50\) apples is equal to the cost price of \(45\) apples. Find the profit or loss.
\(10\%\text{ Loss}\)
10% Loss is correct.
When the selling price of some articles equals the cost price of fewer articles, the seller gets back less than the cost, which means a loss.
Let the cost price of one apple be ₹1. Then the cost price of 50 apples is ₹50.
Selling price of 50 apples = cost price of 45 apples = ₹45, which is less than ₹50, so there is a loss of ₹5.
Loss % \(= \dfrac{5}{50} \times 100 = 10\%\).
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