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Question

A vendor purchased bananas at Rs. 16 per dozen and sold them at 10 for Rs.18 . Find his gain or loss per cent.


Solution

C.P. Of 6 bananas, = Rs. 16 and C.P. of 1 bananas =Rs.1612=Rs.43S.P. of 10 bananas =Rs.18 S.P of 1 banana =Rs.1810=Rs.95Gain = S.P - C.P.= Rs.95Rs.43=272015=Rs.715Gain%=Gain×100C.P.=715×10043=7×100×315×4=35% Ans.

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