Question

Question #b9f2b

Answer 1

Profit = `40` Rs.
% Profit = `20%`

Explanation:

The rate of bananas =Rs. `200` for `100`.

He bought 100 bananas,
So, cost price (C.P.) = `200` Rs.

`4` bananas were bad.
So remaining good bananas = `100- 4= 96`.

He sold them Rs `30` per dozen.
`96/12= 8`

That means he sold `8` dozen bananas.
So, Selling price(S.P.) = `8\times 30=240`

As selling price is more than the cost price, the trader had a profit.
Profit = S.P. - C.P.

Profit= `240- 200 = 40` Rs.

Profit percent = `(profit)/ (C.P.) \times 100`

% Profit =`40/200 \times 100`

`therefore` % Profit = `20%`