Question

VIKASH PURCHASED 5 BANANAS FOR RS 4 AND SOLD 4 BANANAS FOR RS 5.CALULATE HIS%PROFIT?

Answer 1

Cost Price of 5 bananas = ₹4

Cost price of 1 banana = ₹⁴/5

Selling Price of 4 bananas = ₹5

Selling Price of 1 banana = ₹5/4

As the selling price is greater than the cost price so profit it here.

Profit = Selling Price - Cost Price

$\frac{5}{4} - \frac{4}{5} \\ \\ = \frac{25 - 20}{20} \\ \\ = \frac{5}{20} \\ \\ = \frac{1}{4}$

Profit percentage = (Profit / Cost Price) × 100

$= \frac{ \frac{1}{4} }{ \frac{5}{4} } \times 100 \\ \\ = \frac{100}{5} = 20$

The required percentage is 20%.

Answer 2

Answer:

Step-by-step explanation:

Cp = 5

Sp= 4

Profit = sp - cp

5 - 4

1

Gain% = gain × 100/cp

1 ×100/5

Gain % = 20