ABC26GN2568 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

A vendor bought bananas at 6 for ₹ 10 and sold them at 4 for ₹ 6. Find his gain or loss percent.
Answer
Answer (as printed):
Explanation
Suppose, number of bananas bought = L.C.M. of 6 and $4=12$. $$\begin{array}{ll} \therefore & \text { C.P. }=₹\left(\frac{10}{6} \times 12\right)=₹ 20 ; \text { S.P. }=₹\left(\frac{6}{4} \times 12\right)=₹ 18 . \\ \therefore & \text { Loss } \%=\left(\frac{2}{20} \times 100\right) \%=10 \% . \end{array}$$

Explanation as extracted from the printed page; notation may be imperfect.

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