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A man bought bananas at the rate of 10 for 45 and sold at the rate of one dozenbananas for 51. Find his gain or loss per cent. |
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Answer» Cost price of 10 bananas CP = Rs 45 Now,Selling price of one dozen or 12 bananas = Rs 51 Then,Selling price of 10 bananas SP= (51/12)*10= 51*5/6= 255/6 = 42.5 Therefore, Loss% = (CP - SP/CP)*100 = [(45 - 42.5)/45]*100 = 2.5*100/45 = 250/45 = 5.5 % |
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