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%

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