a man buys 11 lemons for 10 and sells 10 lemons for 11 . what is the gain per cent
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Answer:
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Step-by-step explanation:
A man buys 11 lemons for 10 rupees Cost price (CP) of each lemon = ₹10/11 He sells 10 ... Answer his profit / gain percent is 21%.
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Given: Given that a man buys 11 lemons for 10 and sells 10 lemons for 11 .
To find: We have to find his gain percent.
Solution:
The man buys 11 lemons for 10.
So, cost price of one lemon is 10/11 =0.9rupees.
The man sells 10 lemons for 11.
So, selling price of one lemon is 11/10=1.1rupess.
So gain percent will be a ratio of substration of selling price to cost price with cost price.
So, his gain percent is 22.22%.
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