137 bananas are bought for Rs. 690 and sold at the rate of Rs. 72 per dozen. The percentage of profit or loss is:
OPtion
1) 12.8% Loss
2) 19.1% Loss
3) 19.7% Loss
4) 19.39% Loss
5) 19.5% Loss
6) 12.8% Profit
7) 19.1% Profit
8) 19.7% Profit
9) 19.39% Profit
10) None of these
Solution
Cost of 1 banana= 690/137 = 5.0364 = 5.0365
Selling price of 1 banana = 72/12 = Rs. 6
As SP > CP so its profit
So Profit % = (6 - 5.00365)*100/5.0365 = ~19.1 %
Option 7)
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