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Question
If by selling 110 mangoes, the C.P. of 120 mangoes is realised, the gain percent is
Options
`9 1/11`%
`9 1/9`%
`10 10/11`%
`11 1/9`%
MCQ
Solution
`9 1/11`%
Explanation:
Let C.P. of each mango be ₹ 1.
C.P. of 110 mangoes = ₹ 110, S.P. of 110 mangoes = ₹ 120.
∴ Gain % = `(11/110 xx 100)`% = `9 1/11`%.
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Profit and Loss (Entrance Exam)
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