Question

Sameer bought 1600 bananas at 3.75 a dozen. He sold 900 of them at 2 for rupee 1 and the remaining at 5 for rupees 2. Find his gain or loss percent.

Answer 1

Solution :

CP = (1600/12)* 3.75 = 500

SP1 = 900 * (0.5) = 450

SP2 = 700 * (0.4) = 280

Total SP = 730

Total CP = 500

so Profit of 230

Profit % = (230/500) * 100

Profit% = 46 %

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