Math Problem Statement

Jishan buys equal number of two types of chocolates at the rate of Tk. 1/9 and 1/11 respectively. If Jishan now sells them at the rate of Tk. 1/10 what will be his profit/ loss?

Solution

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Math Problem Analysis

Mathematical Concepts

Profit and Loss
Fractions
Arithmetic

Formulas

Total Cost Price (CP) = (x/9) + (x/11)
Total Selling Price (SP) = 2x * (1/10)
Profit/Loss = Total SP - Total CP

Theorems

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Suitable Grade Level

Grades 7-9