If a food seller bought one dozon of banana in Rs. 10 and sells 10 bananas of Rs 12 then what percentage profit or loss he gains?
Answers
Alright first we will calculate his CP and SP
Buys 12 bananas for Rs. 10
So 12x = 10
x = 10/12
x = 5/6
Each banana costed Rs. 5/6
Sells 10 bananas for Rs. 12
so 10x= 12
x = 12/10
x = 6/5
Each banana sold at Rs. 6/5
Profit = SP - CP
= 6/5 - 5/6
= 36/30 - 25/30
= 11/30
He makes a profit of 11/30 per banana
Now,
Profit % = Profit/CP * 100
= [(11/30)/(25/30)]*100
= (11/25)*100
= 44
So he makes a profit of 44% on each banana.
Hope this helped!
Answer:
Profit % = 44 %
Step-by-step explanation:
According to the information provided in the question it is given as
Food seller bought one dozen of banana = Rs. 10
sells 10 bananas of Rs 12
We need to find the profit or loss percentage
1 dozen = 12
12 =10
1= x
He sell 10 banana for 12
10=12
1= x
Cost of 12 = 1.2 x 12 =14.40 Rupees
C P =10, S P = 14.40
Profit = 14.40 -10
= 4.4 rupees
Profit % = Profit x 100 /C P
Substituting the values
He Gain a profit of 44%