Question 85

A vendor buys bananas at 9 for Rs 8 and sells at 8 for Rs 9. What will be the profit or loss (in %)?

Solution

C.P for 1 banana is =8/9 Rs.

S.P for 1 banana is =9/8 Rs.

So, profit is=(9/8-8/9)/(8/9)×100=26.56%.

C is correct choice.


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