a fruit seller bought 600 bananas at $ 16 a dozen. He sold 200 of them at 4 for $ 5 and the remaining at 2 for $ 3. Find his gain or loss per cent
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Answer:
1 dozen = $16
50 dozen = 16×50 = 800$
200/4 = 50
4 bananas = $5
200 bananas = 200/4 × 5 = 250
2 bananas = $3
400 bananas = 400/2 × 3 = 600
SP = 600 + 250 = 850
SP > CP
gain = SP - CP = 850 - 800 = 50
gain % = [ gain/CP × 100 ]
50/800 × 100 = 6.25%
SOLUTION : 6.25 %
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