a fruit seller bought bananas at rupees 8.40 dozen at what price per hundred must we sell them so as to earn a profit of 15%
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Answer:
Cost of 12 bananas = 8.40
Cost of 1 banana = 8.40/12 = 0.7
Cost of 100 bananas = 0.7 × 100 = 70
Profit at 15% = 70+(15/100×70) = 70+(1.5×7) = 70+10.5 = 80.5
We should sell them at ₹80.5 to earn 15% profit
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