Question

a vendar purchased bananas at rs. 40 per dozen and sold them at 10 for rs. 36 . find the gain or loss percent

Answer 1

Purchase price for 12pc(1 dozen) is 40/-. price for one banana is 40/12=3.33

sold 10 for 36 ; therefore price for one banana = 36/10=3.60

Therefore gain is 3.6-3.33=0.27

Gain percentage = .27/3.33*100= 8.1%