Srinivas purchased 60 dozen bananas for 2700.he incurred transportation charges of rs300.he could not sell four dozen bananas as they were spoiled.he sold the remaining bananas at rs50 for each dozen.will he get a profit or a loss?find profit or loss percent
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Answer:
Loss% = 6.66%
Step-by-step explanation:
CP of 1 dozen = 2700 + 300 / 60 (300 rs. transportation prize)
= rs. 3000
SP of 1 dozen = 60-4*50 = rs. 2800(4 dozen were spoiled)
loss = rs 200
loss % = loss/CP*100 = 200/3000*100
= 6.66 %
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