A fruit vendor bought 300 bananas at Rs 20 per 10 bananas. 125 bananas got spoiled and hence thrown. He sold 12 dozen bananas at the rate of Rs 15 per dozen and the remaining at Rs 2 per banana. What is the approximate profit/loss percent?
C.P of bananas = 300 × 20/10 = Rs 600 Remaining bananas = 300 – 125 = 175 S.P of bananas sold at Rs 15 per dozens = 15 × 12 = Rs 180 S.P of bananas sold at Rs 2 per banana = (175 – 12 × 12) × 2 = Rs 62 Total S.P = 180 + 62 = Rs 242 Loss % = (600-242)/600 × 100 = 59% ∼ 60%
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