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A person bought some article at rate of ...

A person bought some article at rate of 11 for Rs 10 and bought same number of articles at the rate of 9 for Rs 10. And sold all the stock at the rate of 1 for Rs 1. Find the profit or loss %.

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To solve the problem step by step, we will break down the purchases and sales of the articles. ### Step 1: Calculate the number of articles purchased - The person buys articles at two different rates: 1. **First Purchase:** 11 articles for Rs 10 2. **Second Purchase:** 9 articles for Rs 10 Let's assume the person buys the same number of articles in both cases. To find a common number of articles, we can take the LCM of 11 and 9, which is 99. ### Step 2: Calculate the total cost for each purchase - **First Purchase:** - To buy 99 articles at the rate of 11 articles for Rs 10: - Number of sets of 11 in 99 = 99 / 11 = 9 - Total cost = 9 sets × Rs 10 = Rs 90 - **Second Purchase:** - To buy 99 articles at the rate of 9 articles for Rs 10: - Number of sets of 9 in 99 = 99 / 9 = 11 - Total cost = 11 sets × Rs 10 = Rs 110 ### Step 3: Calculate the total cost of all articles - Total cost = Cost of first purchase + Cost of second purchase - Total cost = Rs 90 + Rs 110 = Rs 200 ### Step 4: Calculate the total number of articles purchased - Total articles = 99 (from the first purchase) + 99 (from the second purchase) = 198 articles ### Step 5: Calculate the selling price - The person sells all articles at the rate of 1 article for Rs 1. - Selling price for 198 articles = 198 articles × Rs 1 = Rs 198 ### Step 6: Calculate profit or loss - Loss = Total cost - Selling price - Loss = Rs 200 - Rs 198 = Rs 2 ### Step 7: Calculate the loss percentage - Loss percentage = (Loss / Total cost) × 100 - Loss percentage = (2 / 200) × 100 = 1% ### Final Answer The person incurs a loss of 1%. ---
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