What is gain percentage?

If by selling 110 mangoes, the cost price of 120 mangoes is realised; the gain percentage is:

  1. 100/9%
  2. 82/9%
  3. 120/10%
  4. 100/11%
Anurag Mishra Professor Asked on 25th January 2016 in Maths.
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  • 1 Answer(s)

    Answer: (4) 100/11%

    Explanation:-
    Let the cost price of 110 mangoes = Rs. 110
    Then, selling price of 110 mangoes = Rs. 120

    Profit = 120 – 110
    = 10

    Then, percentage of profit = 10 x 100/110
    = 100/11%

    Hence, the correct answer is option (4) 100/11%.

    Anurag Mishra Professor Answered on 28th January 2016.
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