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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To solve this question we need to get the buying price of each apple.
Buying price for 11 apples is 10,for one apple is :
10/11 = Rs 10/11
The buying price of 10 will be :
10/11 × 10 = 100/11
The selling price of 10 is 11
Profit is :
11 - 100/11 = 21/11
Percentage profit is :
21/11 × 11/100 × 100 = 21%
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