Oranges are bought at 11 for a rupee and equal
number more at 9 for a rupee. If they are sold at
10 for a rupee what is the gain or loss percent?
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Answer:
There is no gain or loss, if they are sold 10 oranges for a rupee.
Given:
Oranges are bought at 11 for a rupee and equal number more at 9 for a rupee.
To find:
If they are sold at 10 for a rupee what is the gain or loss percent?
Solution:
Taking the average of 11 and 9,
11 +
= 10
Since, they are sold for 10, there is no gain or loss.
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