By selling 110 mangoes, if the cost price of 120 mangoes has been got, what will be the profit percentage?
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Step-by-step explanation:
let cost price of one mango = Re.1
Cost price of 110 mangoes = Rs. 110
Selling price of 110 mangoes = Cost price of 120 mangoes = Rs.120
Profit = 120 - 110 = Rs. 10
Profit percentage = Profit/cost price × 100
Profit percentage = 10/110 × 100
profit percentage = 100/11 = 9.09% Ans.
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