Problem: What will be the percentage of profit if 11 items are bought at Tk. 10 and then 10 of those items are sold at Tk. 11?
View all: BANGLADESH BANK(AB) | WRITTEN QUESTION (MATH) SOLVE | 1993
Correct Answer: ans.21%
Explanation:
The cost of 11 items are = Tk. 10
The cost of 1 items are = Tk.$\frac{10}{11}$ =
The selling price of 10 items are = Tk. 11
The selling price of 1 items are = Tk. $\frac{11}{10}$
The profit from 1 item = $\frac{\frac{11}{10}-\frac{10}{11}}{\frac{10}{11}}$ x100 Tk.= 21%