If eggs are bought 12 for Rs 10 and sold at 10 for Rs 12, what is the gain or loss%?
A
40% loss
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B
44% gain
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C
44% loss
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D
40% gain
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E
None of these
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Solution
The correct option is B 44% gain % gain or loss =(xwzy−1)×100% =(12×1210×10−1)×100%=(144100−1)×100% =44100×100%=44% Since the sign is +ve, therefore there is a profit of 44%.