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Profit, Loss & Discount · Question 9 of 72

Question 9

EasyOriginal question

A fruit-seller buys bananas at ₹60 a dozen and sells them at ₹6 each. What is her profit percentage?

Options for question 9

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. SP of a dozen = 12 × ₹6 = ₹72.

  2. Profit on a dozen = ₹72 − ₹60 = ₹12.

  3. Profit % = 1260×100=20%\frac{12}{60} \times 100 = 20\%.

Worth noting

Dividing ₹12 by the selling price of ₹72 gives 1623%16\frac{2}{3}\%. The base must be the cost, ₹60.

Concept
Comparing CP and SP for the same quantity
Typical time
40 s
Your time
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The rule this testsProfit and loss
Practise this chapter →

Ten questions from Profit, Loss & Discount, at your own pace.

Practise this chapter →

Ten questions from Profit, Loss & Discount, at your own pace.