A shopkeeper purchased bananas at ₹18 per dozen and sold 10 bananas at the the rate of ₹18. Find the gain or loss percent
Answers
Step-by-step explanation:
To Find :
find the gain or loss percent
Solution:
Cost price of 1 dozen bananas = Rs.18
Cost price of 12 bananas = 18
Cost of 1 banana = \frac{18}{12}=1.5
12
18
=1.5
SP of 10 bananas = 18
SP of 1 Banana = \frac{18}{10}=1.8
10
18
=1.8
SP>CP
So, Profit
\begin{gathered}Profit\% = \frac{SP-CP}{CP}|times 100\\Profit\% = \frac{1.8-1.5}{1.5} \times 100\\Profit\%=20\%\end{gathered}
Profit%=
CP
SP−CP
∣times100
Profit%=
1.5
1.8−1.5
×100
Profit%=20%
Hence The gain% is 20%
Answer:
12 bananas are bought in =₹18
1banana is bought in =₹18/12=₹3/2
10bananas are bought in =₹15
10 bananas are sold in =₹18
therefore, CP=₹15
&SP=₹18
profit =SP-CP
₹18-₹15=₹3
profit %=SP-CP/CP×100=3/15×100=20%
Step-by-step explanation:
hence the shopkeepers profit is 20%