ABC26GN2661 · Profit and Loss

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

A man buys 2 dozen bananas at $₹ 16$ per dozen. After selling 18 bananas at the rate of ₹ 12 per dozen, the shopkeeper reduced the rate to ₹ 4 per dozen. The percent loss is

(a)25.2\%

(b)32.4\%

(c)36.5\%

(d)37.5\%

Answer

Answer (as printed): D

Explanation

C.P. $=₹(16 \times 2)=32$. S.P. $=₹(12 \times 1.5+4 \times 0.5)$ $=₹(18+2)=₹ 20$. $$\therefore \operatorname{Loss} \%=\left(\frac{12}{32} \times 100\right) \%=37.5 \% .$$

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

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