Question 82

A vendor buys 12 bananas for Rs 60 and sells 5 bananas for Rs 32. What will be his gain (in %)?

Solution

Cost price of 12 bananas = Rs. 60

=> CP of 1 banana = $$\frac{60}{12}=Rs.$$ $$5$$

Selling price of 5 bananas = Rs. 32

=> SP of 1 banana = $$\frac{32}{5}=Rs.$$ $$6.4$$

$$\therefore$$ Profit % = $$\frac{6.4-5}{5} \times 100$$

= $$1.4 \times 20=28\%$$

=> Ans - (A)

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