A fruit seller bought bananas at 8.40 per dozen. At what price per hundered must he sellthem so as to earn a profit of 15%
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Given that the fruit seller bought 12 bananas for 8.40 rupees and he sells them for 15%profit.
Simply, multiply 8.40 with 12 to get the price of each.
The price of each banana is 0.7 rupees.
He sells each with a 15% profit.
To get the price for which he sells a banana, we shall add (0.7×0.15) to 0.7.
Which is 0.7 + 0.105 = 0.805
0.805 is the price of on banana.
But in the question, it is asked to know the price of 100 bananas.
So. simply multiply 0.805 with 100
0.805×100 = 80.5
∴80.5 is the price of 100 bananas.
Hope this answer helps you.
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