Question

A man buy bananas at 5 for rupees 6 and sell them at 2 for rupees 3. Find his loss or gain per cent

Answer 1

cost price of 5 bananas is rupees 6. then cost of 1 banana is rupees 1.2.

selling price of 2 bananas is rupees 3. then selling price of 1 banana is rupees 1.5.

as CP<SP, there is a profit of 1.5-1.2=0.3 rupees. profit percent=profit/cost price*100=0.3/12*100=25% profit.

Answer 2

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