Question

A man bought 100 bananas for rs. 75 and sold them at the cost of rs. 0.80 each.find his profit or loss percent.ans is profit 6.67 % solve step by step

Answer 1

$<b>Heya mate ^_^. Solution below$
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$<u>Question -</u>$ A man bought 100 bananas for Rs. 75 and sold them at a cost of Rs. 0.80 each. Find his gain(profit) or loss percent.

$<u>Solution -</u>$

Cost price (C.P.) of 100 bananas = 75 Rs.

And,

Selling price (S.P) of 1 banana = 0.80 Rs.

So, S.P. of 100 bananas
= 0.80 × 100
= 80 Rs.
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Now, clearly, S.P > C.P.
So, gain is incurred.

Gain
= S.P - C.P.
= 80 - 75
= 5 Rs.

So, the man's gain is 5 Rs.

Then,

Gain%
= gain/C.P. × 100
= 5/75 × 100
= 100/15
= 6.666667 %

Therefore, the man's gain % is 6.67% (rounded off).
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Thank you.. ^_^ :)

Answer 2

Answer:

A man about 100 bananas of Rs 75 and sold them at cost of Rs 0.600 each profit and loss percentage