Profit and Loss Practice Test 3

Question : 11 of 40

Marks: +1, -0

A fruit seller bought 240 bananas at the rate of Rs 48 per dozen. He sells

1 /2

of them at the rate of Rs 5 per banana. A quantity of

1/6

th of the remaining are found to be rotten. The price per banana at which he has to sell the remaining bananas to get a profit of 25% on his entire investment is:

Rs 5.5
Rs 6.0
Rs 5.0
Rs 6.5

Validate

Solution:

Number of dozens of bananas = 240 ÷ 12 = 20 dozen
CP of 1 dozen bananas = Rs 48
CP of 20 dozen bananas = 48 × 20 = Rs 960
Total profit per cent = 25%
SP of 20 dozen bananas

=960+25/100×960=1200

1/2

of bananas sold at the rate of Rs 5 per banana.
Total sale price of 120 bananas = 120 × 5 = Rs 600
Rotten bananas =

1/6

of remaining bananas

=1/6×120=20

Now SP of 100 bananas = Rs 1,200 - Rs 600 = Rs 600
SP of 1 banana

=600/100=\Rs 6.00

Go to Question:

Prev Question

Next Question