Some marbles are purchased at the rate of 11 for 10 and the same number at the rate of 9 for
10. If the whole lot is sold at one rupee per marble, find the loss or profit percentage on the
whole transaction.
them at a gain equal to the selling price
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Answer:
profit / loss percentage = 0%
Step-by-step explanation:
first lot, 10 marble cost = 11
second lot, 10 marble cost = 9
Total cost = 11 + 9 = 20
Total marbles = 10 + 10 = 20
one marble cost = 20/20 = 1
Total sales amount @1 = 20× 1 = 20
profit/ loss = 20 - 20 = 0
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