A boy 9 apple for rupee 9.60 and sold them at 11 for Rs 12. find his gain or loss percent
Answers
Answered by
4
Since the boy bought 9 apples and sold 11 apples then this must be only possible if he a total of multiple of 9 and 11.
therefore, let the total l.c.m of 9 and 11 which is 99
now, CP of 9 apples = Rs.9.60
therefore, CP of 99 apples = Rs.9.60 × 11 = Rs.105.6
also, SP of 11 apples = Rs.12
therefore, SP of 99 apples =Rs.12 × 9 = Rs.108
As SP > CP , therefore,
profit = SP - CP
= 108 - 105.6=
Rs.2.4
Profit% = profit/cp × 100
= 2.4/105.6 × 100
= 2.27%
hence profit percent earned by the boy is 2.27%
Hope it helps you
Similar questions