Venkanna purchased 50 dozen bananas for 1250. He incurred transportation
charges of * 250. He could not sell five dozen bananas as they were spoiled.
He sold the remaining bananas at 35 for each dozen. Will he get a profit or a
loss? Find profit or loss percent.
Answers
Answered by
17
Answer:
Number of bananas purchased =50 dozen
Cost of bananas =1250
Transportation Cost =250
Total Cost Price =1250+250=1500
He sold only (50−5)=45 dozen bananas at 35 per dozen
Total Selling Price =35×45=1575
Profit or Loss =S.P–C.P=1575–1500=75 (Profit)
Percent profit =(
CP
Profit
)×100=
1500
75
×100=5%
∴ Profit he makes is Rs.75 or 5%.
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