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A shopkeeper purchases 11 knives inpolcellthem at the rate of 10 knives for10 and sellsprofit of -11. He earns a(A) 11 per cent(B) 15 per cent(C) 20 per cent(D) 21 per centAftu. |
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Answer» 20 a answer is the correct Cp of one knife= 10/11 Suppose he bought (11*10) = 110 chocolateCP = 10/11 * 110 = Rs. 100SP = 11/10 * 100 = Rs. 121Gain 21% Option D 11% is right answer 20% percent |
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