Question

If oranges are bought at 11 for rs.30 and sold at 10 for rs.31, find the loss or gain percent.

Answer 1

C.P of 11 oranges=rs.30
C.P of 1 =30/11
C.P of 10=30/11×10=rs.27.27..
S.P of 10 =Rs.31
loss=S.P -C.P=Rs.4
loss%=loss/C.P×100=4/31×100=12.9%

Answer 2

Answer:

Step-by-step explanation:

C.P of 11 oranges=rs.30

C.P of 1 =30/11

C.P of 10=30/11×10=rs.27.27..

S.P of 10 =Rs.31

loss=S.P -C.P=Rs.4

loss%=loss/C.P×100=4/31×100=12.9%