A fruit seller purchased 3 dozen bananas at Rs.4 per banana. He sold all the bananas for Rs.180. He gains 25% in the entire transaction

20% profit

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25% loss

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Solution

The correct option is A 20% profit
Total number of bananas in 3 dozen = 12 $\times$ 3 = 36
Cost for one banana = Rs 4
Cost Price (CP) for 3 dozen bananas = Rs 4 $\times$ 36 = Rs 144

Selling Price (SP) = Rs 180

As SP > CP, he made a profit = Rs 180 - Rs 144 = Rs 36.

Profit% = $\frac{36}{144}$ ×100% = 25%

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A fruit seller purchased 3 dozen bananas at Rs.4 per banana. He sold all the bananas for Rs.180. He gains 25% in the entire transaction

The correct option is A 20% profitTotal number of bananas in 3 dozen = 12 × 3 = 36 Cost for one banana = Rs 4 Cost Price (CP) for 3 dozen bananas = Rs 4 × 36 = Rs 144 Selling Price (SP) = Rs 180 As SP > CP, he made a profit = Rs 180 - Rs 144 = Rs 36. Profit% = 36144×100%​ = 25%