a man bought bananas at the rate of 10 for rupees 45 and sold at the rate of 1 dozen bananas for Rs 51 and find his gain or loss percent
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The buying price of each banana is :
45/10 = 4.5 Rupees
The man sells a dozen at 51 then :
A dozen contains 12 bananas hence :
The buying price of 12 bananas is :
12 × 4.5 = 54
The loss is :
54 - 51 = 3
The percentage loss is :
3/54 × 100 = 5.56%
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