A vendor buys bananas at 3 for a rupee and sell at 4 for a rupee. Find his profit or loss percentage.
Answers
Answered by
3
Answer:
he loss. because the amount of banana is 3but he sell him to 4rupeehe loss 1 rupee
Answered by
16
Answer:
25% loss
Step-by-step explanation:
cost price of 1 banana = 1/3
Selling price of 1 banana = 1/4
As Sp < Cp there will be loss
Loss incurred = 1/3 - 1/4 = 1/12
we know that,
Loss percentage = (loss/ cp) x100
% Loss = (1/12)/(1/3) x100 = 25%
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