A man brought 11 oranges and sold 10 at the same rate.
What is his gain percent?
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Solution :
A man bought 11 oranges and sold 10 at the same rate.
Let us assume that he bought 11 oranges at a cost of rs. X
Then the cost of one orange :
> ( x/11)
Now , he sold them at the same rate.
So , he sold 10 oranges for rs. X
Hence , selling price of one orange :
> ( x/10)
Selling price > Cost price hence he makes a profit.
Profit margin :
> Selling price - Cost Price
> x/10 - x/11
> x/110
Profit percentage :
> [ x/100] × [11/x] × 100%
> 11%
Thus his gain percent is 11% . This is the required answer.
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Answered by
4
Hiii...
Here is your answer...
Solution:-
CP of 11 oranges are₹10
So,CP of 1 orange=
- SP of 10 oranges are ₹11
- So,SP of 1 orange=
Since,
SP>CP
So,
Gain=SP-CP
Now,
- = > 21=>21
Hence,he gain 21℅
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