A coconut merchant find that the cost price of 2750 coconut is the same as theselling price of 2500 coconuts. The percentage loss or gain is

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RRB GG Exam (Bhopal) 2009 click here to view all questions

A coconut merchant find that the cost price of 2750 coconut is the same as the selling price of 2500 coconuts. The percentage loss or gain is

A5% loss

B10% gain

C15% loss

D20% gain

prakash ? Dec 16 '2019 at 21:56

Correct answer: 10% gain

Explanation:
According to question,

2750 CP = 2500 SP

\(\frac{CP}{SP}=\frac{2500}{2750}=\frac{10}{11}>1 \) unit profit

\(\text{profit} \% = \frac{1}{10} \times 100 = 10 \% \text{ gain}\)

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Correct answer: 10% gain Explanation: According to question, 2750 CP = 2500 SP \(\frac{CP}{SP}=\frac{2500}{2750}=\frac{10}{11}>1 \) unit profit \(\text{profit} \% = \frac{1}{10} \times 100 = 10 \% \text{ gain}\) prakash ? answered Dec 16 '2019 at 21:56 All Comments

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