Mohit purchased Bananas at ₹60 a dozen. He sold 1 Banana at ₹6. How much profit did he make by selling 1 banana?

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Solution

Cost of 12 banans = ₹ 60
Cost of a banana = ₹ 60 ÷ 12 = ₹5
Money received by selling 1 banana = ₹6
Total profit made on each banana = ₹6 - ₹5 = ₹1

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Mohit purchased Bananas at ₹60 a dozen. He sold 1 Banana at ₹6. How much profit did he make by selling 1 banana?

Cost of 12 banans = ₹ 60 Cost of a banana = ₹ 60 ÷ 12 = ₹5 Money received by selling 1 banana = ₹6 Total profit made on each banana = ₹6 - ₹5 = ₹1

Cost of 12 banans = ₹ 60
Cost of a banana = ₹ 60 ÷ 12 = ₹5
Money received by selling 1 banana = ₹6
Total profit made on each banana = ₹6 - ₹5 = ₹1