Stickers are bought at 11 for Rupees10 and sold
at 10 for Rupees11. Find the profit per cent.
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Answer:
21%
Step-by-step explanation:
=cost price of 1 sticker = Rs 10/11 =therefore cost price of 10 stickers = Rs 10/11 x 10 =selling price of 10 stickers = Rs11 =therefore profit = SP -- CP = Rs 11 -- 100/11 = (121 -- 100) /11 = 21/11 =therefore profit per cent = P/CP x 100 = 21/11 ÷ 100/11 × 10 = 21 %