Question

Some toffees are bought at 11 for Rs.5 and the same number at 9 for Rs.5. if the whole lot of toffees is sold 10 for Rs.5, find the gain and loss per cent.

Answer 1

Answer:

Some toffees were bought at the rate of 11 for Rs. 10 and the same number at the rate of 9 for Rs.10. If the Whole toffees was sold at one rupee per toffee, then the gain or loss in the whole transaction was

A) loss of 1%

B) gain of 1%

C) neither gain nor loss

D) gain of 1.5%