Question
A man buys 2 dozen bananas at Rs.16 per dozen. After
selling 18 bananas at the rate of Rs.12 per dozen, the shopkeeper reduced the rate to Rs. 4 per dozen. Find the loss percentage.Solution
C.P of 2 dozen bananas = 2 × 16 = 32 Rs. (S.P)1 = 18/12 × 12 = 18 Rs. (S.P)2 = 6/12 × 4 = 2 Rs. Total S.P = 18 + 2 = 20 Rs. Loss = (32−20)/32 × 100 = 37.5 % ∴ The profit percentage is 37.5 %
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