Multiple Choice Questions on Chocolates are bought at 9 for a rupee and an equal number more at 11 for a rupee If these are mixed........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Chocolates are bought at 9 for a rupee and an equal number more at 11 for a rupee If these are mixed...........

Quantitative Aptitude ( CCS) Profit and loss
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    Chocolates are bought at 9 for a rupee and an equal number more at 11 for a rupee. If these are mixed and sold at 10 for a rupee, then the loss or gain percent is

    2% loss
    Incorrect Answer
    1% profit
    Incorrect Answer
    1% loss
    Correct Answer

    2% profit

    Incorrect Answer
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    Explanation:

    Profit or loss percent =[(2*9*11)/10(11+9) – 1] *100
    =[198/200-1 ]*100
    =-2/200*100
    =-1%
    Negative indicate loss.

    Hence, option 3 is the correct answer.

    By: Amit Kumar
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