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Question
Sameer bought 1600 bananas at Rs. 3 a dozen. He sold 900 of them Rs. 1, 500 for Rs. 0.5 and the remaining for Rs. 0.2. Find his gain or loss per cent.
Sameer bought 1600 bananas at Rs. 3 a dozen. He sold 900 of them Rs. 1, 500 for Rs. 0.5 and the remaining for Rs. 0.2. Find his gain or loss per cent.
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Solution
The correct option is C 197.5%
Cost of 1 banana = 3/12 = Rs. 0.25Cost of 1600 bananas = 1600*0.25 = Rs 400Selling price of 900 bananas = 1*900 = Rs 900Selling price of 500 bananas = 0.5*500 = Rs 250Selling price of 200 bananas = 0.2*200=Rs 40Total selling price = Rs 1190
Gain = 1190-400 = Rs 790Gain percentage = 790/400 * 100 = 197.5%
Cost of 1 banana = 3/12 = Rs. 0.25
Cost of 1600 bananas = 1600*0.25 = Rs 400
Selling price of 900 bananas = 1*900 = Rs 900
Selling price of 500 bananas = 0.5*500 = Rs 250
Selling price of 200 bananas = 0.2*200=Rs 40
Total selling price = Rs 1190
Gain = 1190-400 = Rs 790
Gain percentage = 790/400 * 100 = 197.5%
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