a vendor purchased bananas at rs 16 per dozen and sold them at 10 for rs 18.find his gain or loss percent.
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Let number of bananas purchased be x
Rate of cost = Rs. 16 per 12 bananas
∴ CP = x*16/12 = Rs 4x/3
Rate of charge = Rs. 18 per 10 bananas
∴ SP = x*18/10 = 9x/5
SP > CP
Hence he profits.
∴ Profit % = ((SP-CP)/CP)*100
= (9x/5-4x/3)/(4x/3)*100
= (7x/15)(3/4x)*100
= (21x/60x)*100
= 35% profit
Rate of cost = Rs. 16 per 12 bananas
∴ CP = x*16/12 = Rs 4x/3
Rate of charge = Rs. 18 per 10 bananas
∴ SP = x*18/10 = 9x/5
SP > CP
Hence he profits.
∴ Profit % = ((SP-CP)/CP)*100
= (9x/5-4x/3)/(4x/3)*100
= (7x/15)(3/4x)*100
= (21x/60x)*100
= 35% profit
shubhangi19032002:
thanku so much!!
No problem!
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