11 oranges are bought for Rs. 10 and 10 oranges are sold for Rs. 11. The gain (or) loss percent is 

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@imbaai: Good answer!Keep it up!Thumbs up for U.

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  • -2

 It is your choice if you want to convert the prices into decimals or not.That will not matter.

Anyway thumbs up please

  • -1

 Cost price of one orange  =  Rs 10/11

Selling price of one orange Rs 11/10

As the cost price is less then the selling price so it is profit

Gain percent = gain/cp * 100

Gain = 11/10-10/11 = 121-100/110 = Rs 21/110

Now gain percent = ( 21/110) / (  10/11) * 100

= 21/100 * 100 = 21%

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