A person bought some caps at rate of 60 for Rs 93 and sold them at the rate of 50 for Rs 93.Find the profit or loss %.

Answer

To solve the problem of finding the profit or loss percentage when a person buys caps at a certain rate and sells them at another rate, we can follow these steps:

### Step-by-Step Solution:

1. **Determine the Cost Price (CP) per Cap:**
The person bought 60 caps for Rs. 93.
\[ \text{Cost Price (CP) per cap} = \frac{93}{60} = 1.55 \text{ Rs (approx)} \]

2. **Determine the Selling Price (SP) per Cap:**
The person sold 50 caps for Rs. 93.
\[ \text{Selling Price (SP) per cap} = \frac{93}{50} = 1.86 \text{ Rs (approx)} \]

3. **Calculate the Profit per Cap:**
Profit is calculated as the difference between the Selling Price and the Cost Price.
\[ \text{Profit per cap} = \text{SP} - \text{CP} = 1.86 - 1.55 = 0.31 \text{ Rs} \]

4. **Calculate the Profit Percentage:**
Profit percentage is calculated using the formula:
\[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{CP}}\right) \times 100 \]
Substituting the values:
\[ \text{Profit Percentage} = \left(\frac{0.31}{1.55}\right) \times 100 \approx 20\% \]

### Final Answer:
The profit percentage is approximately **20%**.