Question

Ashutosh purchases bananas at the rate of rs. 10 per dozen and sells them at the rate of rs.12 for every 10 bananas. Find his profit/loss percent

Answer 1

Given :
Ashutosh purchases bananas at the rate of rs. 10 per dozen
cost price of 12 banana is 10 rs
Cost price of 1 banana =rs[10/12]=Rs.0.83

Selling price of 10 banana =12rs
Sp of 1 banana =12/10 rs=1.2 Rs
So Gain=Selling price- Cost price 
            =1.2-0.83             
            =Rs.0.37

Proift Percentage=[[Gain/Cp]x100]%           
                   =(0.37/0.83)x100             
                   =0.44x100             
                  =44%

∴Profit Percentage is 44%