New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The cost price of two dozen bananas is Rs. 96. After

    selling 18 bananas at the rate of Rs. 36 per dozen, the shopkeeper reduced the rate to Rs. 24 per dozen. The percent of loss is?
    A 35% Correct Answer Incorrect Answer
    B 31.25% Correct Answer Incorrect Answer
    C 33.33% Correct Answer Incorrect Answer
    D 40% Correct Answer Incorrect Answer

    Solution

    According to the question, Cost price of 2 dozen Banana = 96 Selling price of 1 dozen banana = 36 Selling price of 18 banana = 54 Now, shopkeeper reduced to the rate Rs. 24/dozen Now SP of 1 dozen bananas = 24 SP of 6 Bananas = 12 ∴ SP of total 24 Bananas is = 54 + 12 = 66 Loss = CP - SP = 96 - 66 = 30 Loss% = 30/96 × 100 = 31.25%

    Practice Next

    Relevant for Exams: