Question

A boy buys 9 apples for rs9.60 and sell them at 11 for rs 12 find his loss or gain profit

Answer 1

Cost Price of 9 apples = ₹9.60
Cost Price of 1 apple = ₹9.60/9 = ₹1.06
Selling Price of 11 apples = ₹12
Selling Price of 1 apple = ₹12/11 = ₹1.09
Profit = Selling Price - Cost Price
= ₹(1.09-1.06)
= ₹0.03
Profit % = Profit/Cost Price × 100
= 0.03/1.06 × 100
= 150/53 %
= 21 unit 1/53.



Hope it helps you.
With regards@
Tanisha