Profit % question (10% less buy, 10% more sell)?

Explanation

Assume originally:

• Bought 100 items for Rs.100
  So, Cost Price (CP) per item = Rs.1

Now buys 10% less:

• 10% less than 100 = 90 items
• Still spends Rs.100

So new CP per item:

CP= 100/90​

Now sells 10% more:

• 10% more than 100 = 110 items

Assume selling rate is Rs.1 per item.

So total Selling Price:

$$SP=110\times 1=110$$

Profit:

$$Profit=SP-CP=110-100=10$$

Profit percentage formula:

$$\text{Profit \%}=$$Profit/ Cost Price ​×100

Substitute values:

10/100​×100=10%

That approach looks tempting, but it ignores that buying fewer changes the cost per item. The correct combined effect is:

Profit %=(110/90​−1)×100

$(110/90-1)\times 100$

$$=left(frac{20}{90}right)times100$$$$=22.22$$

$$Last\; updated\; question\; by\; NS\; on\; 2\; MAY\; 2026$$

Related MCQs

Leave a Reply

Your email address will not be published. Required fields are marked *

Comment *

Name *

Email *

-- Select Reason -- Correction Suggestion

1 + 2 = ?

Post Comment