A person buys pencils at 11 for
10 and sells it at 10 for 11. find the profit%
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Secondary School Math 5 points
A person buys pencils at 11 for Rs. 10 and sells it at 10 for Rs.11. Find profit%
Ask for details Follow Report by Sourabh7191 14.10.2018
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Answer:
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Cost price of 11 pencils = 10
Cost price of 1 pencil = 10/11
And SF of 10 pencils = 11
SP of 1 pencil = 11/10
Now,
Gain => 11/10 - 10/11
=> 121-100/110
=> 21/110
And gain % => 21/110 / 10/11 × 100
=> 21 × 11 / 11
=> 21
Answer: Profit = 21%
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