Profit and Loss Practice Test 1

Question : 19 of 40

Marks: +1, -0

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. What is the loss percentage?

37.5%
36.5%
32.4%
25.2%

Validate

Solution:

C.P. of 2 dozen bananas = 2 × Rs. 16 = Rs. 32
S.P. of 2 dozen bananas =

18/ 12

× Rs. 12 +

6/ 12

× 4 = Rs. 20
Hence, loss%

={32-20}/32×100=37.5%

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