Question

A man buys 2 dozen bananas at Rs.16 per dozen. After selling 18 bananas at the rate of Rs.12 per dozen, the shopkeeper reduced the rate to Rs.4 per dozen. Find the loss percentage.

(Write answer in the nearest integer).

Answer 1

C.P. = Rs. (16 x 2) = 32
S.P. = (12 x 1.5 + 4 x 0.5) = (18 + 2) = Rs.20
$\therefore$ Loss % = $(\frac{12}{32}\times 100)\%=37.5\%$