Question

By selling 8 bananas a fruit seller gains the selling price of 1 banana. calculate his profit percen

Answer 1

let the price of 1 banana be =₹1
SP of 8 banana =₹8
CP=8-1=7
1/7×100
Gain=14.28%

Answer 2

Answer:

14.28%

Step-by-step explanation:

Let the selling price of 1 banana is Re 1

So, S.P. of 8 bananas = Rs.8

We are given that By selling 8 bananas a fruit seller gains the selling price of 1 banana.

So, Profit on selling 8 banana = Re. 1

So, C.P. = S.P. - Profit

C.P. =8-1

C.P. =7

Thus the cost price of 8 bananas is Rs.7

Profit% = $\frac{Profit}{CP} \times 100$

Profit% = $\frac{1}{7} \times 100$

Profit% = $14.28\%$

Hence the profit % is 14.28%.