A) 21% loss
B) 11% gain
C) 21% gain
D) 11% loss
Correct Answer: C
Solution :
C.P. of 11 oranges = Rs.10 \[\therefore \] C.P. of 1 orange \[=Rs.\,\left( \frac{10}{11} \right)\] Also, S.P. of 10 oranges =Rs. 11 \[\therefore \] S.P. of 1 orange \[=Rs.\,\left( \frac{11}{10} \right)\] Now, Profit \[=S.P.-C.P.=\frac{11}{10}-\frac{10}{11}=Rs.\,\left( \frac{21}{110} \right)\] \[\therefore \] Profit % \[=\frac{\frac{21}{110}}{\frac{10}{11}}\times 100=21%\]
You need to login to perform this action.
You will be redirected in
3 sec
