A man buys 11 oranges for Rs 10 and sells 10 oranges for Rs 11.Find his gain or loss percent.
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Answered by
2
Answer:
C.P pf 11 oranges = Rs 10
∴ C.P pf 1 orange = Rs (
11
10
)
Also, S.P of 10 oranges = Rs 11
∴ S.P of 1 orange = Rs (
10
11
)
Now, profit = S.P .- C.P.=
10
11
−
11
10
=Rs
110
21
∴ Profit % =
11
10
110
21
×100=21%
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6
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