Question

A vendor bought banans at 6 for rs 10 and sold them at 4 for rs 6.Find his gian or loss percent?

Answer 1

Answer:

Loss of 10%

Step-by-step explanation:

CP of bananas = 6 for Rs.10.

SP of bananas = 4 for Rs. 6.

We will need to bring the number of Bananas bought and sold to same number.

First take LCM of 6,4, which is 12.

CP of 12 Bananas = Rs. 20.

SP of 12 Bananas = Rs. 18.

Since Selling price is less than Cost price, it means he made loss.

Loss% = [18-20/20] * 100 = 10%.