Question

shahid bought 80 bananas at the rate of 4 bananas for rs 5 and sold at the rate of 5 bananas for rs 8 .find if he is in profit or loss and also find its percentage when 25% of bananas have been spoiled.

Answer 1

Answer:

The answer is 4% Loss

Step-by-step explanation:

Cost price of 1 banana = 5/4 = 1.25 Rs

Cost of 80 bananas: 80 x 1.25  =  100  Rs

Sale price of 1 banana = 8/5 = 1.60 Rs

Selling price of 60 (75% of 80) bananas =  60 x 1.6

                                                                  = 96 Rs

Loss on sale price = 100 Rs - 96 Rs = 4 Rs

Percentage loss = loss / Cost price x 100

                           4 /100 x 100 = 4% Loss