Amit bought 5 dozen of banana at 47 rupees per dozen. He sold the banana for 330 rupees. Find the loss or gain percent
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Given, Cost of each dozen banana is 47 Rs
So, Cost of 5 dozen banana = 47 × 5
= 235 rs
And, He sold it for 330 rupees
So, Profit margin = 330 - 235
= 95 rupees
So, Percentage of gain = 95 × 100 / 235
= 40.42%
Therefore, Amit gained 40.42% as he sold 5 dozen bananas for more price then he bought it.
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