A person buys pencils at 11 for ₹10 and sells it at 10 for ₹11. Find profit%
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Answered by
1
Answer:
Answer: Profit = 21%
Step-by-step explanation:
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%
Answered by
1
:A person buys pencils at 11 =Rs10
:Sells it at 10 =Rs 11
:Profit% = 1 pencil
=10/11 =Rs 0.90
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