A vendor purchased bananas at ₹ 40 per dozen and sold them at 10 for ₹ 36. Find his gain or loss per cent. Hint. Let the number of bananas bought be lcm ( 12,10 ) = 60.
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We know that the SP of 10 bananas = ₹36
SP of 1 banana = ₹36/10=₹3.6
SP of 1 dozen bananas = ₹3.6×12=₹43.20
CP of 1 dozen bananas = ₹40
Since, SP is more than CP so it’s a gain.
Gain=SP−CP=43.20−40=23.2
Gain%=(3.2×100)/40
=8%
∴ The Gain percent is 8%
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Hoping it would you help you :)
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