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`%

Answer 1

`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`%.