Question

A man buys oranges at 9 for Rs.1.60 and sells them at 11 for Rs.2. What is his Profit or loss percentage?

Answer 1

Answer:

the anwer is above

may be

Answer 2

Answer:

52.78%

Step-by-step explanation:

NOTE : CP means Cost price

            SP means Selling price

CP = Rs. (9*1.6)

     = Rs. 14.4

SP = Rs.(11*2)

     = Rs. 22

Since, CP < SP

Thus, there is a profit

Profit = SP - CP

         = Rs.(22-14.4)

         = Rs. 7.6

Profit % = Profit/CP * 100

             = 7.6/14.4*100

             = 52.78 (approx)