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in Bill, Profit and Loss by (9.2k points)

A fruit seller bought 2 dozen bananas at ₹ 20 a dozen and sold them at ₹ 3 per banana. Find his gain or loss.

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1 Answer

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Cost of one dozen banana = ₹ 20

Cost of 2 dozen bananas = ₹ 20 × 2 = ₹ 40

C.P = ₹ 40

S.P per banana = ₹ 3

S.P for 2 dozen banana = ₹ 3 × 24 = ₹ 72

Here S.P > C.P

Profit = S.P – C.P = 72 – 40 = 32

Profit = ₹ 32

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