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Some pineapples are purchased at the rate of 11 pineapples/Rs. and some more pineapples at the rate of 13 pineapples/Rs, investment being equal in both the cases. Now, the whole quantity is sold at the rate of 8 pineapples/Rs. What is the net profit or loss percentage?

Some pineapples are purchased at the rate of 11 pineapples/Rs. and some more pineapples at the rate of 13 pineapples/Rs, investment being equal in both the cases. Now, the whole quantity is sold at the rate of 8 pineapples/Rs. What is the net profit or loss percentage? Correct Answer 50%

Given:

Cost of 11 pineapples = Rs. 1

Some more pineapples,at the rate of 13 pineapples for Rs. 1

Whole quantity is sold, 8 pineapple = Rs. 1

Calculation:

According to the question,

11 pineapples purchased for Rs. 1

13 more pineapples were purchased for Rs. 1

Now, investment is same in both the cases

⇒ 24 pineapples is purchased for Rs. 2 

⇒ 12 pineapples purchased for Rs. 1

8 pineapples were sold for Rs. 1

Profit% = (12 - 8)/8 × 100 = 50%

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