A girl purchases 9 mangoes for Rs.90 and sells 10 mangoes for Rs.95. Find the gain or loss percentage.
Answer & explanation
Correct answer: option 2
Total number of mangoes bought = LCM of 9 and 10 = 90
CP of mangoes = \(\frac{90}{9}\) × 90 = Rs. 900
SP of mangoes = \(\frac{95}{10}\) × 90 = Rs. 855
According to the question,
Profit % = \(\frac{900-855}{900}\) × 100%
= (45/900) × 100%
= 5% (loss)