Question

A fruit seller purchased 3 dozen bananas at ₹ 4 per banana. He sold all the bananas for ₹ 180. Find the profit/loss percent for the deal.

• A. 20% profit
• B. 25% loss
• C. 30% loss
• D. 25% profit

Answer 1

The correct option is D

25% profit

CP of one banana = ₹ 4
CP of 3 dozen (=36) bananas
= 36 x ₹ 4
= ₹ 144

SP of the bananas = ₹ 180

Since SP > CP, we have a profit.

Profit = SP - CP = ₹ 180 - ₹ 144 = ₹ 36

Profit % $=\frac{\text{Profit}}{\text{CP}}\times 100$
$=\frac{₹36}{₹144}\times 100=\frac{1}{4}\times 100$
$=25\%$