Riza bought banaba at the rate of 10 for RS.60 and sold them at the rate of RS.75 per dozen. Find his profit or loss percent.
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Answer:
Profit Percentage is 44%
Step-by-step explanation:
bananas at the rate of rs. 10 per dozen
cost price of 12 banana is 10 rs
Cost price of 1 banana =rs[10/12]=Rs.0.83
Selling price of 10 banana =12rs
Sp of 1 banana =12/10 rs=1.2 Rs
So Gain=Selling price- Cost price
=1.2-0.83
=Rs.0.37
Proift Percentage=[[Gain/Cp]x100]%
=(0.37/0.83)x100
=0.44x100
=44%
∴Profit Percentage is 44%
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