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Vinay purchased 40 dozen bananas for Rs. 1240. He incurred transportation charges of Rs.150. He could not sell 5 dozen bananas as they were spoiled. He sold the remaining bananas at Rs. 35 for each dozen. Will he get profit or loss. Find profit or loss percent.
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Answer:
Cost of 40 dozbanana-1240
cost of transporting. = 150
Total. ..1390
spoiled banana = 5 doz
Remaining=35 doz
Sp=35x35=1225
Sp<cp. Loss
Loss=,1390-1225 =165
Loss%=165 / 1390x 100 = 11.87%
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