Question

a boy buys 9apples for 9.60 and sells them at 11 for 12.find the percentage of gain and loss

Answer 1

CP of one apple = 9.60/9 = 1.07

SP of one apple = 12/11 = 1.09

Profit by 1.09 - 1.07 = 0.02

Proft percentage = 0.02/1.07   x 100 = 1.87%