Practicing Success
The cost price of two dozen bananas is ₹32. After selling 18 bananas at the rate of ₹12 per dozen, the shopkeeper reduced the rate to ₹4 per dozen. The loss percent is: |
25.2% 32.4% 36.5% 37.5% |
37.5% |
CP of 24 bananas = Rs. 32 SP of 18 bananas (Rs. 12 per dozen) = 12 + 6 = Rs. 18 SP of remaining 6 bananas (Rs. 4 per dozen) = Rs. 2 SP of 24 bananas = 18 + 2 = Rs 20 Loss% = \(\frac{12}{32}\) × 100 = \(\frac{3}{8}\) × 100 = 37.5% |