A man buys bananas at 6 for ` 5 and an equal number at ` 15 per dozen. He mixes the two lots and sells them at ` 14 per dozen. Find his gain or loss percent, in the transaction
Answers
Answered by
10
Let the no of bananas be x
He buys 6 bananas for rs 5...each for 5/6
Total cost = 0.83x
He also buys bananas at 12 at Rs. 15
Each for 15/12
Total cost = 1.25x
total CP of 2x bananas =2.08x
total CP of each banana=1.04
SP of 12 at Rs. 14
SP of each banana = 14/12 = 1.16
Profit = 0.12
∴ Profit % = 11.5%
Hope I helped you! :)
He buys 6 bananas for rs 5...each for 5/6
Total cost = 0.83x
He also buys bananas at 12 at Rs. 15
Each for 15/12
Total cost = 1.25x
total CP of 2x bananas =2.08x
total CP of each banana=1.04
SP of 12 at Rs. 14
SP of each banana = 14/12 = 1.16
Profit = 0.12
∴ Profit % = 11.5%
Hope I helped you! :)
Similar questions