A shopkeeper bought 20 dozen bananas for rupees 15 per dozen. 12 bananas turned out to be roten . The shopkeeper sold the remaining bananas for rupees 18 per dozan . Find the profit or loss
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Profit = 14 % .
C.P of 20 dozen bananas at ₹15 per dozen =
20 × 15 = ₹ 300 .
12 bananas means 1 dozen bananas are roten.
So,the remaining bananas =
20 - 1 = 19 dozen.
S. P of 19 dozen bananas at ₹ 18 per dozen =
19 × 18 = ₹ 342
S. P is greater than C. P, it means profit .
Profit = S. P. - C. P.
Profit = 342 - 300
= ₹ 42 .
Profit ℅ = × 100
= 14 ℅
= × 100
Hence the shopkeeper gained 14 % .
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