The cost price of banana is Rs. 10/dozen. If one banana is sold for Rs. 1.25, then what is the profit percentage?
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Answer:
CP of each dozen =12 , number of dozen =25
Total CP =12×25=300
3 dozen are thrown away
10 sold at Rs 18 per dozen
SP
1
=18×10=180
remaining =24×12=144 bananas
these are sold at 1.25 per banana
SP
2
=1.25×144=180
Total SP=180+180=360
Profit SP−CP=360−300
=60
Profit percentage =
300
60
×100=20%
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