Question

sameer bought 1600 bananas at rs 3.75 a dozen. He sold 900 of them at for rs 1 and the remaining at 5 for rs 2 . Find his gain or loss per cent.

Answer 1

Sameer bought bananas per dozen=rs3.75
Sameer bought bananas=1600
Amount of 1600 bananas=3.75\12×1600
=rs500
He sold 900 bananas =rs1
=900×1
=900
Remaining bananas=1600-900
=700
He sells reimaining bananas=rs2
=700×2
=1400
Money for selling the bananas=900+1400
=2300
Profit=2300-500
=1800
Profit %=1800÷500×100
=360%