a man bought bananas at the rate 10 for rupee 15 and sold at the rate 1 dozen bananas for rupee 15 find his gain or loss percentage
a man bought bananas at the rate 10 for rupee 15 and sold at the rate 1 dozen bananas for rupee 15 find his gain or loss percentage
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Cost of 10 bananas = Rs. 45
Cost of 1 banana = 45/10
= Rs. 4.5
Selling price of 12 bananas = Rs. 51
Selling price of 1 banana = 51/12
= Rs. 4.25
Loss = Cost price of 1 banana - Selling price of 1 banana
Loss = 4.5 - 4.25
Loss = Rs. 0.25
Loss percent = (Loss*100)/Cost price
⇒ (0.25*100)/4.5
⇒ 25/4.5
⇒ 5.55%
So, he suffered a loss of 5.55 %.
Answer:
Cost of 10 bananas= Rs 15
Cost of 1 banana = 15/10= 1.5
Selling Price of 12 bananas= Rs 15
Selling Price of 1banana= 15/12=Rs 1.25
Loss= Cost price of 1 banana - Selling price of 1 banana
Loss= 1.5 - 1.25
Loss= Rs 0.25
Loss%= Loss/Cost price×100
Loss% =0.25/1.5×100
0.25/1.5×100 =50/3% answer