A vendor purchase banana at rupya 40 per dozen and sold them at 10for rupees 36 find his gain or loss
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Answer:
Hey friend,
Explanation:
If my understanding is right according to your question, the merchant sold 10 bananas for rupees 36 and so there is 2 left out. With that in mind the calculations is proceeded.
Cost Price: 40/12 = 3.33 rupees/banana
Selling Price: 36/10 = 3.6 rupees/banana
Therefore it is 43.2 for 12 bananas
Profit= Selling Price- Cost Price
=43.2-40 = 3.2
Therefore
Profit % = 3.2/40*100
= 8% profit
Hope this helps..
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