Question

Prices of banans has changed from 5 for a rupee to 4 for a rupee. Find the percentage increase in price

Answer 1

Answer:

Consider the number of bananas bought =12

Here LCM of 3 and 4 is 12

We know that

C.P. of bananas =1/3×12=₹4

S.P. of bananas =1/4×12=₹3

Here

Loss=C.P.–S.P.

Substituting the values

=4–3

=Rs.1

Loss%=[Loss/C.P.×100] %

Substituting the values

=[1/4×100] %

So we get

=100/4 %

=25 %