Some fruits are bought at 11 for Rs. 100 and twice the number at 8 for Rs. 100. If all the fruits are sold at 9 for Rs. 100, then what is the profit or loss percentage? |
3% profit 3% loss 4\(\frac{1}{9}\)% profit 2\(\frac{2}{9}\)% loss |
2\(\frac{2}{9}\)% loss |
Price : Qty Buy1: 100 : 11 ) × 8 × 1 Buy2: 100 : 08 ) × 11 × 2 (To make twice qty) ⇒ Buy1: 800 : 88 Buy2: 2200 : 176 Buy : 3000 : 264 1000 : 88 Sell : 100 : 09 1000 : 90 He purchased 88 articles in Rs. 1000 and sold 90 articles in Rs.1000. Therefore, there is a loss of 2 articles on selling 90 articles. Hence, Loss% = \(\frac{2}{90}\) × 100% = 2\(\frac{2}{9}\)% |