A vendor purchased bananas at 40 per dozen and sold them at 10 for 36. Find his gain
or loss per cent.
Answers
Answered by
3
Answer:Cost Price = 40/12 = Rs. 3.33/ banana
Selling Price = 36/10 = Rs 3.6/ banana
Therefore, It is 43.2 for 12 bananas .
Profit= SellingPrice−CostPrice = 43.2−40=3.2
Therefore, Profit %= 3.2 /40 x 100 =8% profit
Similar questions