if apples are bought at 11 for rs 10 and sold at 10for 11,how much will be the gain?
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Given:
11apple's are Bought for 10Rs
→11apple's=10Rs
→1apple=10/11Rs. →[1]
and 10Apple's are sold for 11Rs
→10apple's=11Rs
→1apple=11/10Rs. →[2]
equating one and two...
the Profit would be...
[2] - [1]
→11/10 -10/11
=(121-100)/110
=21/110
=0.191(approx.)
So,The profit is Rs0.191 per apple(approx)
11apple's are Bought for 10Rs
→11apple's=10Rs
→1apple=10/11Rs. →[1]
and 10Apple's are sold for 11Rs
→10apple's=11Rs
→1apple=11/10Rs. →[2]
equating one and two...
the Profit would be...
[2] - [1]
→11/10 -10/11
=(121-100)/110
=21/110
=0.191(approx.)
So,The profit is Rs0.191 per apple(approx)
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