Question

only for 8th class.
some toffees are brought @ 11 for rupees 10 and the same number @ 9 for rupees 10 if the whole lot is sold at one rupee per toffee find the gain or loss in the whole transaction.

Answer 1

You lost 1% on the transaction.

Call x the number of toffees you bought.

You spent:
(x/2)(10/11) + (x/2)(10/9) = (100/99)x

You earned:
x

Your percent return is profit/expenditure:
x/[(100/99)x] = 99/100 = 99%, or a loss of 1% Please mark me as a brainliest...