smaeer bought 1600 bananas at Rs 3.75 a dozen.he sold 900 of them at 2 for Rs 1 and remaining at 5 for Rs 2 . Find his gain and loss per cent
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A dozen contains 12 bananas.
From 1600 we have the following number of dozens :
1600 / 12 = 400/3
400/3 × 3.75 = 500
The buying price is thus Rs 500
The selling price will be :
900/2 × 1 = Rs 450
1600 - 900 = 700
700/5 × 2 = 280
Total selling price is :
700 + 280 = 980
The gain is :
980 - 500 = 480
% gain is :
480/1200 × 100 = 40%
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