1.

A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is

Answer»

22 2/9%



LET the value of the article be RS.100;

Then he buys it for Rs. 90 and SELLS it for Rs.110

So, his profit = Rs.20; Then, there is a gain percent of = 20 × 100/90 = 22 2/9%. i.e. More than 20%

profit.



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