Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The cost price of two dozen bananas is Rs.34. After selling 18 bananas at the rate of Rs.14 per dozen, the shopkeeper reduced the rate to Rs.6 per dozen. The loss percent is:

Options:

29\(\frac{7}{17}\)

34\(\frac{7}{17}\)

25\(\frac{7}{17}\)

22\(\frac{7}{17}\)

Correct Answer:

29\(\frac{7}{17}\)

Explanation:

CP of 24 bananas = Rs. 34

SP of 18 bananas (Rs. 14 per dozen) = 14 + 7 = Rs. 21

SP of remaining 6 bananas (Rs. 6 per dozen) = Rs. 3

SP of 24 bananas = 21 + 3 = Rs 24

Loss% = \(\frac{10}{34}\) × 100 = 29\(\frac{7}{17}\)