Question

sameer bought 1600 bananas at rupee 3.75 a dozen. he sold 900 of them at 2 for rupee 1 and the remaining at 5 for 2 rupee. fimd his gain or loss percentage

Answer 1

First let's find out his total investment:

1600 bananas= (1600/12) dozens

= 3.75×(1600/12) rupees

= 500 rupees.

Now let's find out how much he collected:

900 bananas at 2 for rupee 1 = 900×1/2
= 450 rupees
Remaining 700 bananas at 5 for 2 rupees
= 700×2/5
= 280 rupees

so, Total collection= 450+280= 730 rupees

Net Gain= 730-500= 230 rupees

% Gain= 100×230/500 = 46%

Hope this helps mate! :)