A man purchased 60 bananas at price of ₹35.50 per dozen. If he sells all the bananas at a price of ₹185.25. How much profit did he make?

₹ 6.75

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₹ 7.75

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₹ 0.775

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₹ 7.57

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Solution

The correct option is B ₹ 7.75
1 Dozen = 12
The price of 12 bananas = ₹ 35.50
The price of 60 bananas
= ₹ 35.50 $\times$ 5
There's 2 total decimal places in both numbers.

Do the multiplication by ignoring the decimal places.
Now, Place the decimal after 2 digit from right of this number.

The price of 60 bananas
= ₹ 177.50

He sells them at ₹ 185.25

Profit = Amount recieved - Amount spent
= ₹ 185.25 - ₹ 177.50

= ₹ 7.75

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