nisha bought 2400 bananas at 15 rupees a dozen. she sold 1350 of them at 2 for 4 rupees and the remaining at 5 for 8 rupees. find the gain ie loss percent
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Answer:Gain 46%
Step-by-step explanation:
Total Bananas Purchased 2400 or 2400/12 = 200 dozens @ 15 Rs. So purchase price = 200×15 = 3000
Now we have to find selling price
When 2 bananas sold for Rs. 4
Then 1350 bananas = 1350×4/2 = 2700 Rs.
Number of remaining bananas 2400-1350=1050 bananas which she sold
5 for Rs. 8
When 5 bananas sold for Rs. 8
Then 1050 bananas =1050×8/5 = 1680 Rs.
Total Selling Price 2700+1680=4380
- Total Purchase Price 3000= Profit Rs. 1380
And Profit Percent= Profit × 100/Cost or Purchase Price
1380×100/3000 =46%
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