📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    ⚡ Month End Offer- Few Hours Left Flat 55% Off On All Courses!! Coode - OCT55 Enroll Now ⚡
    00:00:00 AM Left

    Question

    Some toffees were bought at rate of 11 for Rs10 and same

    number at the rate of 9 for Rs10. If the whole lot was sold at one rupee per toffee, then gain% or loss% in the whole transaction?
    A 1% Loss Correct Answer Incorrect Answer
    B 2% Loss Correct Answer Incorrect Answer
    C 5% Loss Correct Answer Incorrect Answer
    D 8% Loss Correct Answer Incorrect Answer
    E 10% Loss Correct Answer Incorrect Answer

    Solution

    No. of toffee Price CP1 11 10 11 9 = 99 10 9 = 90 CP2 9 10 9 11 = 99 10 11 = 110 Final CP 198 Rs. 200 SP = 198 toffees SP of Rs. 1 each = SP of Rs. 198 Loss = Rs. 2 Loss% = 2/200 100 = 1%

    Practice Next
    More Profit and loss Questions
    ask-question