8. A man buys 11 lemons for 10 and sells 10 lemons for 11. What is his gain per cent?
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Answer:
21%
Step-by-step explanation:
cp of 11 lemons= rs 10
cp of 1 lemon= rs 10/11
sp of 10 lemons =rs 11
sp of 1 lemon= rs 11/10
profit= sp -cp
=11/10-10/11
=121-100/110
=21/110
profit% = profit /cp x 100
=21x11/110x10
=21%
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