A vendor buys bananas at 12 for Rs 50 and sells at 5 for Rs 40. What will be the gain (in %)?
A) 82 B) 72 C) 92 D) 62
Answers
Answered by
0
Answer:
C) 92%
Step-by-step explanation:
Cost price of 12 bananas = rs. 50
cost price of 1 banana = 50 ÷ 12 = rs. 4.16 (approx)
Selling price of 5 bananas = rs. 40
selling price of 1 banana = 40 ÷ 5 = rs. 8
Gain (in rs.) = 8 - 4.16 = rs. 3.84 (approx)
Gain (in percentage)
= Gain (in rs.) ÷ cost price of 1 banana × 100
= 3.84 ÷ 4.16 × 100
= 384 ÷ 4.16
= 92.3076%
~ 92%
ans) Gain in percentage is approximately 92%
Similar questions