A vendor bought bananas at the rate of 6 for 24 rupee. How many for 24 rupees must he sell to gain 2

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14 May 2018 Profit and Loss

A vendor bought bananas at the rate of 6 for 24 rupee. How many for 24 rupees must he sell to gain 20 %?

OPtion

1) 4.00
2) 4.25
3) 4.50
4) 4.75
5) 5.25
6) 5.00
7) 5.50
8) 5.75
9) 5.80
10) None of these

Solution

Cost Price of 1 Banana = 4 Rupees
Selling Price of 1 Banana = 4*120/100 = 4.8 Rupees

Number of banana's he can sell in 24 rupees = 24/4.8 = 5

Correct Option: 6 Best Solution (0)