Question

if 10 apples are bought for rs. 11 and sold at the rate of 11 apples for rs. 10. find the overall gain or loss per cent in these transactions.

Answer 1

Step-by-step explanation:

10 apples cp = 11

1 apple cp = 11/10 = 1.1

11 apples sp = 10

1 apple sp = 10/11 = 0.91

over all loss = cp - sp/cp *100

= 1.1-0.91/1.1 ×100 = 17.35%