Tanya bought 1500 bananas for $20 a dozen.
She rold 800 bananas at 4 for $5 and
Szemaising bananas at
Find
er gain or loss percent.
Answers
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Answered by
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Answer:
Loss % = 39
Step-by-step explanation:
Number of dozens of bananas = 1500 ÷ 12 = 125
Cost of 1 dozen bananas = $20
Total cost of bananas ( C.P ) = 125 × $20 = $2500
S.P of 800 bananas = (800 ÷ 4) × $5 = 200 × $5 = $1000
S.P of remaining 700 bananas = (700 ÷ 4) × $3 = 175 × $3 = $525
Total S.P = $1000 + $525 = $1525
S.P is greater than C.P
Profit = S.P - C.P = $2500 - $1525 = $975
Profit% = (Profit ÷ C.P) × 100 = ($975 ÷ $2500) × 100 = 39%
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