Question : The cost price of two dozen bananas is Rs. 30. After selling 15 bananas at Rs. 12 per dozen, the shopkeeper sells the remaining bananas at Rs. 5 per dozen. What is the loss percentage?
Option 1: 22.5%
Option 2: 25%
Option 3: 40%
Option 4: 30%
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Correct Answer: 40%
Solution :
Cost price of 24 bananas = Rs. 30
Selling price of 15 bananas at (Rs. 12 per dozen) = 12 + 3 = Rs. 15
Selling price of remaining 9 bananas at (Rs. 4 per dozen)
= Rs. $\frac{4}{12}$ × 9 = Rs. 3
Total selling price of 24 bananas = 15 + 3 = Rs. 18
Loss = 30 − 18 = Rs. 12
$\therefore$ Loss percentage = $\frac{12}{30}$ × 100 = 40%
Hence, the correct answer is 40%.
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