New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    A Fruit seller purchased 1530 bananas at the rate of Rs.

    20 per dozen. 90 bananas get rotten. In order to make a 20%, he must sell the remaining bananas at the rate of ?
    A Rs. 30 Correct Answer Incorrect Answer
    B Rs. 35.50 Correct Answer Incorrect Answer
    C Rs. 25.50 Correct Answer Incorrect Answer
    D Rs. 45.25 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Total cost price = 1530/12 = 127.5 dozens Cost Price= 127.5×20 = Rs.2550 Bananas left for sale = 1530 − 90 = 1440 bananas Required selling price for 20% profit : Selling price = 2550 + (0.2×2550) = 2550+510 = Rs.3060 Selling price per banana = 3060/1440 = Rs.2.125 Selling price per dozen = 2.125 × 12 = Rs.25.50 The selling rate should be Rs. 25.50 per dozen.

    Practice Next

    Relevant for Exams: