Question

profit%=11 1/9%
What's the answer ​

Answer 1

Answer:

Let C & S denote the cost-price & sell-price respectively of the given article.

It is mentioned that the article was sold at 11.11% profit. So we get the following relation,

S = (1 + 0.1111)*C = (1 + 1/9)*C [0.1111 ≈ 1/9 (approximately)]

or S = (10/9)*C …… (1)

It is mentioned that had the article been purchased at Rs 1300 less and sold at Rs 3000 less there would have been loss of 9.09%. So we get the following relation,

S - 3000 = (1 - 0.0909)*(C - 1300)

or S - 3000 = (1 - 1/11)*(C - 1300) [0.0909 ≈ 1/11 (approximately)]

or S - 3000 = (10/11)*(C - 1300)

or (10/9)*C - 3000 = (10/11)*(C - 1300) [from (1)]

or (10/9 - 10/11)*C = 3000 - (10/11)*1300

or (20/99)*C = 1000*(3 - 13/11) = 1000*(20/11) or C = 9000 (Rs) [Ans]

Step-by-step explanation:

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Answer 2

Answer:

9000

1 the = uio

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