Question

A boy buys 9 apples for Rs 9.60 and sells them at 11 for Rs 12. Find his gain and loss percent ​

Answer 1

Answer:CP of 9 apples = 9.60

CP of each apple = 9.60/9 =16/15

SP of 11 apples = 12

SP of each apple = 12/11

Comparing both 12/11 and 16/15. 12/11 is bigger.

So, he got profit.

Profit = 12/11 - 16/15

= 180 - 176/165

= 4/165

Profit percentage = profit /CP*100

= 4/165÷16/15*100

= 4/165*15/16*100

= 25/11

= 2.2727……%