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A shopkeeper bought 11 chip for 10 and sold 10for₹11 find the gain or losspercent?
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A shopkeeper bought 11 chip for 10 and sold 10for₹11 find the gain or ...
The gain percentage is 21%.
The shopkeeper bought 11 clips for Rs.10 and sold 10 clips for Rs.11.
Therefore, the cost price of 1 clip is Rs.10 and the selling price of 10 clips is Rs.11.
Thus, profit = Rs.1 and profit percentage = 1/10 x 100 = 10%.
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A shopkeeper bought 11 chip for 10 and sold 10for₹11 find the gain or losspercent?
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