Vasanthi purchased 360 bananas at the rate of ₹8 per dozen. She sold them at the rate of ₹1 per banana. How much profit did she make?
Question and options
Vasanthi purchased 360 bananas at the rate of ₹8 per dozen. She sold them at the rate of ₹1 per banana. How much profit did she make?
- ₹120
- ₹124
- ₹24
- ₹36
Answer and explanation
Correct answer: A - ₹120
360 bananas = 30 dozen. Cost = 30 x 8 = Rs 240. Sale = 360 x 1 = Rs 360. Profit = 360 - 240 = Rs 120.
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CUSAT CAT Five-Year LL.B.
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