Knowee
Questions
Features
Study Tools

A fruit seller purchased 20 dozen bananas for ₹ 400, out of these, 4 bananas were rotten, and could not be sold. At what rate per dozen should he sell the remaining bananas in order to get profit of 18%.₹ 25₹ 22₹ 24₹ 23

Question

A fruit seller purchased 20 dozen bananas for ₹ 400, out of these, 4 bananas were rotten, and could not be sold. At what rate per dozen should he sell the remaining bananas in order to get profit of 18%.₹ 25₹ 22₹ 24₹ 23

🧐 Not the exact question you are looking for?Go ask a question

Solution

Step 1: Calculate the total number of bananas the fruit seller purchased. Since 1 dozen equals 12, 20 dozen bananas equals 20 * 12 = 240 bananas.

Step 2: Subtract the rotten bananas from the total number of bananas. So, 240 bananas - 4 rotten bananas = 236 bananas.

Step 3: Calculate the cost price of each banana. The fruit seller purchased 240 bananas for ₹400, so each banana cost ₹400 / 240 = ₹1.67 approximately.

Step 4: Calculate the selling price of each banana to get a profit of 18%. The selling price would be the cost price plus 18% of the cost price. So, the selling price per banana = ₹1.67 + (18/100 * ₹1.67) = ₹1.97 approximately.

Step 5: Calculate the selling price per dozen bananas. Since 1 dozen equals 12, the selling price per dozen = ₹1.97 * 12 = ₹23.64 approximately.

So, the fruit seller should sell the remaining bananas at approximately ₹24 per dozen to get a profit of 18%. Therefore, the closest answer is ₹24.

This problem has been solved

Similar Questions

Choose the correct answer.After selling 1 dozen bananas, Akul earns a profit equal to the cost price of 4 bananas. Find profit made by Akul.66236623%14271427%12121212%33133313%

An increase of 10% in the price of banana enables Piyush to purchase 5 bananas less for ₹ 50. Find the price of 11 bananas before price increase.₹ 11₹ 15₹ 10₹ 20

orrect answerA vendor bought bananas at 6 for a rupee. How many for a rupee must he sell to gain 20%?

A seller has 230 kg of mangoes which he purchases at rate of Rs. 10 per kg. 20% of total mangoes were rotten in packaging and thrown away. If seller sold half of the remaining mangoes at the rate of Rs. 20 per kg, then at what price (per kg) should seller sell the remaining mangoes to gain a total profit of 15% on the total quantity seller had initially (in Rs. /kg)?

The cost price of 12 bananas is equal to selling price of 8 bananas. Find profit/loss percent.25% profit50% profit33133313% loss50% loss

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.