Question

On selling 110 mangoes, the cost of 120 mangoes is revived. The profit or loss% is what?

Answer 1

Answer:

I think it has been profit

Answer 2

Answer: Profit percent is 9.09%

Step-by-step explanation:

Given : If by selling 110 mangoes the cp of 120 mangoes.

To find : The gain percent ?

Solution :

Let the cost price of each mango is Rs.1

Then,

Cost price of 110 mangoes = Rs.110

Cost price of 120 mangoes = Rs.120

Gain of the mangoes is 120-110=Rs.10

Gain percent is

(10/110)*100 = 9.09%

Therefore, The gain percent is 9.09%