Magdha brought 25 dozen of banana for ₹400 and sold them at the rate of ₹ 20 per dozen find profit ND loss
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Answer:
rs 100
Step-by-step explanation:
number of dozens of banana bought=25
cost price of all the bananas=rs 400
cost price of each dozen of banana= rs 400 / 25 = rs 16
selling price of each dozen of banana =rs 20
selling price > cost price
profit has occured
total selling price=rs 20 x 25 = rs 500
profit = rs ( 500 - 400 )=rs 100
profit percentage = (profit / total cost price) x 100%
= (100 / 400) x 100% = 25%
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