A man purchases 11 oranges for 10rs and Sells 10 oranges for 11rs.Find – InterviewSolution

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A man purchases 11 oranges for 10rs and Sells 10 oranges for 11rs.Find profit or loss%?

Answer»

21%

Find the C.P of 1 ORANGE that will be 10/11

Find SP of 1 orange that will be 11/10

As it's clear SP>CP hence Profit will be SP-CP = 11/10 - 10/11 = (121 - 100)/110 = 21/110

Profit % = [(profit)/CP]*100 = [(21/110)/(10/11)*100] = [(21*11)/(110*10)*100 = 21%

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