A vendor purchased bananas at Rs. 16 per dozen and sold them at 10 for Rs. 18. Find his gain or loss per cent.
CP of one dozen banana = Rs. 16
CP of one banana ![]()
Selling price of 10 banana = Rs. 18
Selling price of one banana ![]()
Selling price is more than the cost price, so it is profit
Percentage gain ![]()
Percentage Gain = 0.35 × 100 = 35%
Percentage Gain = 35%
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