Multiple choice

Oranges are bought at 11 for a rupee and an equal number more at 9 a rupee. If these are sold at 10 for a rupee, find the loss or gain percent?

  1. 1% gain

  2. 2% gain

  3. 1% loss

  4. 2% loss
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

CP of 11 oranges = 1. CP of 9 oranges = 1. Buy 99 of each (total 198). Cost = 9 + 11 = 20. Sell 198 at 10 per rupee = 19.8. Loss = 0.2. Loss % = (0.2 / 20) * 100 = 1%.

AI explanation

Assume 99 oranges are bought at each rate, making the total cost for the first batch Rs. 9 and the second batch Rs. 11, for a combined cost of Rs. 20. The total of 198 oranges sold at 10 for a rupee yields Rs. 19.80. The loss is Rs. 0.20 on Rs. 20, which equals a 1% loss.

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