a fruit seller bought 10 bananas for Rs 8 and sold 8 bananas for Rs 10. Find his gain or loss percent
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Answer:
Hi
Explanation:
cp of 10 bananas=$8
sp of 8 bananas=$10
sp of 1 banana=10/8=$1.25
sp of 10 banana=1.25*10=$12.5
gain %=sp-cp/cp*100
12.5-8/8*100=56%
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Answered by
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CP of 10 bananas= ₹8 (CP=cost price)
CP of 1 banana= ₹0.8
SP of 8 bananas = ₹10 (SP=selling price)
SP of banana= ₹1.25
gain or profit = ₹1.25 - ₹0.8 = ₹0.45
profit percent = P/CP × 100 (P= profit)
=0.45/0.8×100 = 45/0.8 = 22.5/0.4
=11.25/0.2 = 5.625/0.1
=56.25%
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