Chandan bought 1600 bananas at Rs 3.75 a dozen.He sold 800 of them at 2 for Rs 5 and the reamaining at 6 for Rs 2.Find gain or loss percent??
Answers
Answer:
Given that
The cost of a dozen bananas = Rs. 3.75
Total number of bananas were bought
= 1600
We know that
12 objects = 1 dozen
1600 objects = 1600/12 dozen
=> 1600 objects = 400/3 dozen
The cost of 1600 bananas
=The cost of 400/3 dozen bananas
= (400×3.75)/3
= (4×375)/3
= 1500/3
= Rs. 500
The cost of 1600 bananas = Rs. 500
And
The selling price of 2 bananas = Rs. 5
The selling Price of 1 banana = Rs. 5/2
The selling price of 800 bananas
= (800×5)/2
= 400×5
= Rs. 2000
The selling price of 800 bananas
= Rs. 2000
Remaining bananas = 1600-800 = 800
The selling price of 6 bananas = Rs. 2
The selling price of 1 banana = Rs. 2/6
= Rs. 1/3
The selling price of 800 bananas
= 800 ×( 1/3)
= Rs. 800/3
Total Selling price of all 1600 bananas
= 2000+(800/3)
= (6000+800)/3
= Rs. 6800/3
We have ,
Total Selling Price of 1600 bananas
= Rs. 6800/3
Total cost price of 1600 bananas
= Rs. 500
Selling Price > Cost Price
=> Gain occurs
Chandan got gain .
We know that
Gain = Selling Price - Cost Price
=> Gain = (6800/3)-500
=> Gain = (6800-1500)/3
=> Gain = Rs. 5300/3
We know that
Gain % = (Gain/Cost Price)×100
=> G% = [(5300/3)/500]×100
=> G% = [5300/(3×500)]×100
=> G% = (5300/1500)×100
=> G% = (53/15)×100
=> G% = 5300/15
=> G% = 1060/3
=> G% = 353 1/3%
Answer :-
Chandan got 353 1/3% of gain percentage in the whole transaction
Used formulae:-
→ 1 dozen = 12 articles
→ Gain = Selling Price-Cost Price
→ Gain % = (Gain / Cost Price)×100
Cost of 12 bananas = rs 3.75
cost of 1 banana = 3.75/12
cost of 1600 bananas = 1600*3.75/12= rs. 500
s p. of bananas
first case,
s.p. of 2 bananas = rs. 1
s.p. of 1 banana = rs. 0.5
s p. of 900 bananas = rs.0.5*900 = 450
second case,
no.of bananas = 1600-900 = 700
cost of 5 bananas = rs. 2
cost of 1 banana = rs.0.4
cost of 700 bananas = rs 0.4*700= 280
total selling price = 450+280
= 730
c.pSo, their is gain
gain percent = x
s.p.-c.p./c. p.*100 = x
730-500/500*100=x
230/500*100=46
x = 46%
Therefore, gain percent = 46%