A grocer purchased five dozens of bananas for rupees one fifty. Six of the bananas where rotten and had to be thrown away. He sold the remaining bananas at rupees fifty per dozen. What is the profit or loss%?
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Answer:
0.2 % profit
Step-by-step explanation:
given,
Five dozens of bananas = ₹150
Six bananas were rotten = 1/2 of a dozen (12)
SP of one dozen = ₹50
CP of one dozen = 150/5
= ₹30
As 50 > 30
Profit = (SP - CP)/100
= 20/100
= 1/5 %
= 0.2 %
Therefore, the profit is 0.2 %
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