Sameer bought 1600 bananas at Rs 3.75 a dozen. He sold 900 of them at 2 for Rs1 and remaining at 5 for Rs2 . Find the Gain or Loss percent.Find the C.P and S.P and compare.
Find the C.P and S.P and compare.
CP of 12 bananas = Rs. 3.75
CP of 1 banana = Re. 0.3125
CP of 1600 bananas = Rs. 500
SP of 900 bananas :
SP of 2 bananas = Re. 1
SP of 1 banana = Re. 0.50
SP of 900 bananas = Rs. 450
SP of 700 bananas :
SP of 5 bananas = Rs. 2
SP of 1 banana = Re. 0.40
SP of 700 bananas = Rs. 280
Total SP of 1600 bananas = Rs. 730
Since SP > CP, so there will be profit.
Profit = SP - CP = 730 - 500 = Rs. 230
CP of 1 banana = Re. 0.3125
CP of 1600 bananas = Rs. 500
SP of 900 bananas :
SP of 2 bananas = Re. 1
SP of 1 banana = Re. 0.50
SP of 900 bananas = Rs. 450
SP of 700 bananas :
SP of 5 bananas = Rs. 2
SP of 1 banana = Re. 0.40
SP of 700 bananas = Rs. 280
Total SP of 1600 bananas = Rs. 730
Since SP > CP, so there will be profit.
Profit = SP - CP = 730 - 500 = Rs. 230