Question

- a vendor buys 6 bananas for rs 25 and sells them at 3 for rs 20. what is his profit percentage?

Answer 1

buys 6 bananas for 25 rs

so cost price of a banana = 25/6

sells 3 bananas for 20 rs

so selling price of a banana is = 20/3

so profit = 20/3 - 25/6

= 40/6 - 25/6

= 15/6

= 2.5 rs

now

25/6 ----------- 2.5
100 ----------- ?????

profit percentage = 2.5 × 100 / 25/6

= 250 ×6 / 25

= 60 %