Venkanna purchased $50$ dozen bananas for $R s . 1250$ . He incurred transportation charges of $R s . 250$ . He could not sell five dozen bananas as they were spoiled. He sold the remaining bananas at $R s . 35$ for each dozen. Will he get a profit or a loss? Find profit or loss percent.

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Solution

Number of bananas purchased $= 50$ dozen
Cost of bananas $= 1250$
Transportation Cost $= 250$

Total Cost Price $= 1250 + 250 = 1500$

He sold only $(50 - 5) = 45$ dozen bananas at $35$ per dozen

Total Selling Price $= 35 \times 45 = 1575$

Profit or Loss $= S . P - C . P = 1575 - 1500 = 75$ (Profit)
Percent profit $= (\frac{P r o f i t}{C P}) \times 100 = \frac{75}{1500} \times 100 = 5$ %
$∴$ Profit he makes is $R s .75$ or $5$ %.

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Venkanna purchased 50 dozen bananas for Rs.1250. He incurred transportation charges of Rs.250. He could not sell five dozen bananas as they were spoiled. He sold the remaining bananas at Rs.35 for each dozen. Will he get a profit or a loss? Find profit or loss percent.

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