AP ICET 2019 Shift 1 Paper

Question : 92 of 200

Marks: +1, -0

A mail purchased 11 books for Rs. 100 and sold at the rate of 10 books for Rs. 110. How much percentage of profit or loss he made on a book?

Solution:

Cost price of each book

=100/11

Selling price of each book

=110/10

Profit percentage

={110/10-100/11}/{100/11}×100=21%

profut

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