a vendor purchased bananas at rupees 40 per dozen and sold them at 10 for rupees 36 find his gain or loss percent
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Answer:
1 dozen =12 bananas
cost price of 12 bananas = 40
cpst price of 1 banana= 40/12=10/3
sold price of 10 banana= 36
sold price of 1 banana = 36/10=18/5
gain =18/5 - 10/3=4/15
gain %= 4/15×3/10×100=8%
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