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Question

Mathematics Question on Profit and Loss

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 ?

A

profit 1623\frac{2}{3}%

B

loss 1623\frac{2}{3}%

C

profit 111911\frac{1}{9}%%

D

loss 111911\frac{1}{9}%%

Answer

profit 111911\frac{1}{9}%%

Explanation

Solution

The correct option is (C): profit 111911\frac{1}{9}%%