Eleven bags are bought for Rs.1000 and sold at 10 for Rs.1600. What is the gain or loss in percentage? Choose the correct choice from the following.
A) 10% B) 26% C) 25% D) 20% E) None of these
Explanation:   As selling price is Rs.1600 for 10 bags, each bag is sold at Rs.160.   Hence, the profit is Rs.100 after selling 10 bags plus the selling price of 1 bag = 100 + 160 = Rs.260.   %profit = 260/1000 *100= 
<gadget id="calculator">260/1000 *100</gadget>
<output>26</output>
26%   ANSWER 26%
<result>B</result>
Eleven bags are bought for Rs.1000 and sold at 10 for Rs.1600. What is the gain or loss in percentage?