A man bought bananas at the rate of 10 for 45 and sold at the rate of one dozen
bananas for 51. Find his gain or loss per cent.
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A man bought bananas at the rate of 10 for 45 and sold at the rate of one dozen
bananas for 51. Find his gain or loss per cent.
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Verified answer
Cost of 10 bananas = Rs. 45
Cost of 1 banana = [tex] \frac{45}{10} = [/tex] Rs. 4.5
Selling price of 12 bananas = Rs. 51
Selling price of 1 banana = [tex] \frac{51}{12} [/tex] = 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 = [tex] \frac{loss \times 100}{cost \: price} [/tex]
⇒ [tex] \frac{0.25 \times 100}{4.5} [/tex]
⇒ [tex] \frac{25}{4.5} [/tex]
⇒ 5.55%
Hence, The Man has suffered a loss of
5.55 % in Banana.
he had loss because of his thoughts.