Question:

A person bought mangoes at the rate of 45 for 10 mangoes. Then he sold them at the rate of ₹ 60 for a dozen mangoes. What will be his profit or loss percentage ?

  • profit 16\(\frac{2}{3}\)%
  • loss 16\(\frac{2}{3}\)%
  • profit \(11\frac{1}{9}%\)%
  • loss \(11\frac{1}{9}%\)%
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The Correct Option is C

Solution and Explanation

The correct option is (C): profit \(11\frac{1}{9}%\)%
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