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A man bought banana at the rate of rs. 10 for rs. 45 and sold at the rate of one dozen banana for rs. 51 . Find his gain or lost %


Ajaykumarsinghchausa 6 19th Feb, 2018
Answer (1)
vanam anusha 5th Jul, 2018

Hello,

Cost of 10 bananas = Rs. 45


Cost of 1 banana = 45/10


= Rs. 4.5


Selling price of 12 bananas = Rs. 51


Selling price of 1 banana = 51/12


= Rs. 4.25


Loss = Cost price of 1 banana - Selling price of 1 banana


Loss = 4.5 - 4.25


Loss = Rs. 0.25


Loss percent = (Loss*100)/Cost price


⇒ (0.25*100)/4.5


⇒ 25/4.5


⇒ 5.55%

So, he suffered a loss of 5.55 %.



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