Asked by tina
if oranges are bought at the rate of 11 for rupees 10 and are sold at the rate of 10 for rupees 11 , find his profit percent.
Answers
Answered by
Steve
profit based on cost is
(s-c)/c
(11/10 - 10/11)/(10/11) = 21/100 = 21%
(s-c)/c
(11/10 - 10/11)/(10/11) = 21/100 = 21%
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