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100 bananas are bought at rate of Rs. 400 and sold at the rate of Rs. 60 per dozen. The percentage of…

The correct choice is: 25% gain Cost price of one banana \(= 400 \div 100 = \text{Rs. } 4\). Selling price of one banana \(= 60 \div 12 = \text{Rs. } 5\). Gain \(\% =…

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100 bananas are bought at rate of Rs. 400 and sold at the rate of Rs. 60 per dozen. The percentage of profit or loss is

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Correct answer B

The correct choice is: 25% gain

Cost price of one banana =400÷100=Rs. 4= 400 \div 100 = \text{Rs. } 4.

Selling price of one banana =60÷12=Rs. 5= 60 \div 12 = \text{Rs. } 5.

Gain %=5−44×100=25%\% = \dfrac{5-4}{4} \times 100 = 25\%. Hence the answer is 25% gain.

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