A vendor purchased bananas at Rs.40 per dozen and sold them at 10 for Rs. 36. Find his gain or loss per cent.

Question

Philoid · Accepted Answer

SP of 1 Banana = 36/10

= Rs.3.6

SP of 1 Dozen Banana = 3.6 × 12

= Rs.43.20

CP of 1 Dozen Banana = Rs.40

Gain = SP – CP

= 43.20 – 40

=3.2

=

= 8%