A) 12.5 percent loss
B) 11.11 percent gain
C) 12.5 percent gain
D) 11.1 per cent loss
Correct Answer: C
Solution :
C.P of 11 Chikoo \[=\operatorname{Re}.\frac{8}{15}\] S.P. of 1 Chikoo \[=\frac{6}{10}\] \[=\operatorname{Re}.=Re.\frac{9}{15}\] \[\therefore \]Profit \[=\operatorname{Re}.\left( \frac{9}{15}-\frac{8}{15} \right)\] \[=\operatorname{Re}.\frac{1}{15}\] \[\therefore \]Profit percent \[=\frac{\frac{1}{15}}{\frac{8}{15}}\times 100\] \[=\frac{100}{8}=12.5%\]
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