The cost price of 10 oranges is equal to the selling price of 9 oranges. What is the profit percentage?
A
1119%
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B
1217%
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C
1016%
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D
1219%
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Solution
The correct option is A1119%
Assume the CP of 1oranges as Rs. 1
So CP of 10 oranges = Rs.10
SP of 9 oranges = Rs.10
So the SP of 10 oranges =109×10=1009 HenceProfit%=1009−1010×100=1119%