A grocor purchased five dozens of bananas for rupoos one fifty.Six of the bananas where ratten and had to be thrown away. He sold the remaining bananas at rupees fifty per dozen. What is the profit or loss
Answers
Answer:
search-icon-header
Search for questions & chapters
search-icon-image
Class 8
>>Maths
>>Comparing Quantities
>>Prices Related to Buying and Selling
>>Harish purchased 50 dozens bananas for R
Question
Bookmark
Harish purchased 50 dozens bananas for Rs 135. Out of 50 dozens, five dozen bananas could not be sold because they were rotten. At what price per dozen should Harish sell the remaining bananas so that he makes a profit of 20%?
Medium
Solution
verified
Verified by Toppr
Correct option is A)
The cost price of 50 dozens bananas that Harish purchased, CP=Rs.135
Bananas left after removing 5 dozens of rotten bananas =45 dozens
Now, the effective CP of one dozen bananas =Rs.135/45=Rs.3
The price at which Harish should sell each dozen bananas to make a profit of 20%;
Profit%=Gain/CP=(SP−CP)/CP
100
20
=
3
SP−3
SP=Rs.3.60
Harish should sell the bananas at Rs.3.60 a dozen in order to make a profit of 20%.