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.

C.P of 2 dozen bananas 2 16 32 Rs. S.P1 1812 12 18 Rs. S.P2 612 4 2 Rs. Total S.P 18 2 20 Rs. Loss 322032 100 37.5 The profit percentage is 37.5

A 37 %

B 37.5 %

C 38 %

D 38.5 %

Detailed Solution