If apples are bought at 11 for RS 10 & sold at 10 for RS 11, how much will be the gain %?
Solution (By Examveda Team)
Cost of 11 apples = Rs.10/-Selling Price of 11 apples
=11/10*11
=12.1
Profit = 12.1 - 10
= 2.1 gain %
= 2.1/10 x 100
= 21 % Profit
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