a boy buys 9 apples for Rs.9.60 and sells them at 11 for rs12. find his gain or loss percentage
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CP of 9 apples= 9.60
cp of 1 apple= 9.60/9=1.06
sp of 11 apples= 12
SP of 1 apple= 12/11=1.09
Since, SP is greater than CP there is a profit
Profit= SP-CP
1.09-1.06=0.03
Gain Percent= Gain/CP*100
0.03/1.06*100=2.83%
Gain= 2.83%
cp of 1 apple= 9.60/9=1.06
sp of 11 apples= 12
SP of 1 apple= 12/11=1.09
Since, SP is greater than CP there is a profit
Profit= SP-CP
1.09-1.06=0.03
Gain Percent= Gain/CP*100
0.03/1.06*100=2.83%
Gain= 2.83%
hemant1058:
what is here "sells them at 11 for Rs. 12"
it means 11 apples are sold for Rs. 12
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