Question

Stickers are bought at 11 for 10rs and sold 10 for 11 rs. Find the profit percentage

Answer 1

Answer:

11 apples bought at Rs.10 means each apple cost 10/11. = Rs.0.91 (CP). 10 apples were sold at Rs.11 means each apple was sold at Rs 1.10 (SP). Gain percent = (SP - CP)*100/CP = (1.10–0.91)*100/0.91 = 0.19*!00/0.91 = 20.88