ABC26GN2653 · Profit and Loss
Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
If by selling 110 mangoes, the C.P. of 120 mangoes is realised, the gain percent is
(a)$9 \frac{1}{11} \%$
(b)$9 \frac{1}{9} \%$
(c)$10 \frac{10}{11} \%$
(d)$11 \frac{1}{9} \%$
Answer
Explanation
Let C.P. of each mango be ₹ 1. C.P. of 110 mangoes = ₹ 110, S.P. of 110 mangoes = ₹ 120. $$\text { ∴ Gain\% }=\left(\frac{10}{110} \times 100\right) \%=9 \frac{1}{11} \% .$$
Explanation as extracted from the printed page; notation may be imperfect.
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