ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    If the cost price of 9 pens is equal to the selling

    price of 11 pens, then what is gain or loss percentage?
    A 22% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 18.2% Correct Answer Incorrect Answer
    D 16% Correct Answer Incorrect Answer

    Solution

    Let the Cost Price (CP) of 1 pen = тВ╣1

    Then, CP of 9 pens = тВ╣9

    Given: SP of 11 pens = тВ╣9

    So, SP of 1 pen = тВ╣9 ├╖ 11 = тВ╣9/11

    CP of 1 pen = тВ╣1

    SP of 1 pen = тВ╣9/11 тЙИ тВ╣0.818

    Loss = CP тАУ SP = 1 тАУ 9/11 = 2/ 11 тАЛ

    Loss┬а% = (2/11) ├Ч 100 = 18.18%

    Practice Next
    More Profit and loss Questions
    ask-question