If apples are bought at 11 for RS 10 & sold at 10 for RS 11, how much will be the gain %?
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10RS/11 Apples = 0.909 Rs/Apple
Sold
11 Rs / 10 Apples= 1.1 Rs/Apple
Gain= (100(1.1 - 0.909))/0.909 = 21% gain
Sold
11 Rs / 10 Apples= 1.1 Rs/Apple
Gain= (100(1.1 - 0.909))/0.909 = 21% gain
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