1.

Anil bought certain number of books at the rate of 12 books for Rs 18 and sold them at the rate of 18 books for Rs 30.Find his profit `//`loss percentageA. `9.(1)/(1)%`B. `10%`C. `11.(1)/(9)%`D. `12.(1)/(2)%`

Answer» Correct Answer - C
while caculating the profit `//` loss percentage we must consider equal number of books beings bought and sold.
The cost price of each book `=Rs (18)/(12)=Rs .(3)/(2)`
The selling price of each book `= Rs (30)/(18) =Rs .(5)/(3)`
As `(3)/(2) lt (5)/(3) ` a profit is made
Profit `% = ((5)/(2)-(3)/((2)/(3)x) xx (100%)`
`=((1)/(6))/((3)/(2))xx (100%) =11.(1)/(9)%`


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