A boy buys 9 apples for ₹9.60 and sells them at 11 for ₹12. Find his gain or loss percent.
Is this answer 2.91% or 2.27%? I am very confused which answer is correct
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Answer:
2.155%
Step-by-step explanation:
Buying Cost of each apple = 9.60 /9 = 1.067
Selling cost of each apple = 12/11 = 1.09
Profit = 12/11 - 9.60/9 = 0.023
Profit % = 0.023/1.067 = 2.155%
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