a vendor purchased 40 dozen bananas for ₹250. out of these, 30 bananas were rotten and could not be sold. At what rate per dozen should he sell the remaining bananas to make a profit of 20%?
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Answer:
The banana should be sold at ₹8 per dozen to get a profit of 20%.
Step-by-step explanation:
Given,
Number of banana purchased by vendor = 40 dozen = 40×12 = 480
Cost Price (CP) of banana = ₹250
Number of bananas rotten and could not be sold = 30
Profit required = 20%
Selling Price (SP) of banana = 250 × 120/100 = ₹300
Total number of good bananas left = 480 - 30 = 450
So, the selling price (SP) of 450 bananas = ₹300
Selling Price (SP) of 12 bananas = 300×12/450 = ₹8
Hence, The banana should be sold at ₹8 per dozen to get a profit of 20%.
To learn more about the profit, click on the link below:
https://brainly.in/question/31589
To learn more about Selling Price (SP), click on the link below:
https://brainly.in/question/54076210
#SPJ6
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