a fruit seller bought bananas at the rate of 3 for rupees 8 and sold them at the rate of 2 for rupees 7 .find his gain or loss percent
Answers
According To Question,
- Seller brought 3 bananas at ₹ 8 (i)
- He Sold 2 bananas for ₹ 7 (ii)
In Equation, (1)
⇒ 3 bananas = ₹ 8
∴ 1 banana =
∴ Cost Price of 1 banana =
In Equation, (2)
⇒ 2 bananas = ₹ 7
∴ 1 banana =
∴ Selling Price of 1 banana =
Q. Did fruit seller had a Gain or Loss?
A. Since, Selling Price > Cost Price,
It was a Gain.
Q. To Find Gain percent?
A.
Gain = Selling Price - Cost Price
=
=
=
=
=
=
Putting this value of Gain in formula,
= 31.25% was his gain percent
Answer:
Seller brought 3 bananas at ₹ 8 (i)
He Sold 2 bananas for ₹ 7 (ii)
Selling price of 1 banana is 7/2
In Equation, (1)
⇒ Gain = 7/2 - 8/3
Solving equation
21 -16/6 = 5/6
Percentage of gain (%)
= 5/6 × 100
Solving equation
5 × 100 × 3 / 6 ×8
5 × 25 / 2× 2 % = 125 / 4
= 31.25% was his gain percent