Algebraic Equations
If the price of 12 bananas is rs10.And is sold for 10 bananas for rs12.Find the total gain or loss percentage.Step by Step Explanation.
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hey mate
here is your answer
Find the cost of 1 banana:
12 banana = Rs 10
1 banana = 10/12 = Rs 5/6
Find the selling Price of 1 banana:
10 banana = Rs 12
1 banana = 12/10 = Rs 6/5
Find the profit / loss :
Since Selling Price is greater than Cost Price
⇒ It is a profit
Profit = 6/5 - 5/6 = Rs 11/30
Find the profit percentage:
Profit percentage = (profit ÷ cost price) x 100
Profit percentage = ( 11/30 ÷ 5/6 ) x 100 = 44%
Answer: The banana were sold with a profit of 44%
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