A man buys oranges at 9 for rs. 1.60 and sells them at 11 for rs. 2. what is his gain or loss percent
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C.P of 9 oranges= ₹1.60
C.P of 1 orange= ₹1.60/9 = ₹ 0.177
S.P OF 11 oranges= ₹2
S.P of 1 orange = 2/11 =₹ 0.181
profit = s.p - c.p
profit = 0.181- 0.177 = 0.004
Profit % = (profit /c.p)×100
profit %=( .004/ 0.177) ×100
profit %= 2.259= 2.26%
C.P of 1 orange= ₹1.60/9 = ₹ 0.177
S.P OF 11 oranges= ₹2
S.P of 1 orange = 2/11 =₹ 0.181
profit = s.p - c.p
profit = 0.181- 0.177 = 0.004
Profit % = (profit /c.p)×100
profit %=( .004/ 0.177) ×100
profit %= 2.259= 2.26%
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