If a man purchases 11 oranges for 10 and sells 10 oranges for
11. How much profit or loss does he make?
please tell the correct answer.
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Answer:
here the answer is..
Step-by-step explanation:
Cp of 11 oranges is Rs. 10
So, Cp of 1 orange is 10/11 = Rs. 0.909
Sp of 10 oranges is Rs. 11
So, Sp of 1 orange is 11/10 = Rs 1.1
Profit = Sp - Cp
= 1.1 - 0.909
= Rs. 0.191
Profit / Gain %= profit / Cp × 100
= 0.191/0.909 ×100
=0.210×100
=021.00%
i.e. 21% is his gain percent
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