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Discussion :: Profit and Loss

  1. A fruit vendor purchased 20 dozens of bananas at Rs. 15 per dozen. But one-fourth of the bananas were rotten and had to be thrown away. He sold two-third of the remaining bananas at Rs. 22.50 per dozen. At what price per dozen should he sell the remaining bananas to make neither a profit nor a loss?
  2. A.
    Rs. 20
    B.
    Rs. 15
    C.
    Rs. 22.50
    D.
    Rs. 7.50
    E.
    None of these

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    Answer : Option B

    Explanation :

    CP of 20 dozen of bananas = 15 * 20 = Rs. 300

    Number of bananas which are rotten = 1/4 * 20 = 5 dozen.


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