Multiple choice

Suman purchased 15 dozen bananas for Rs. 450. She sold them at the rate of Rs. 3.50 per banana. What was her percentage profit?

  1. 45%

  2. 40%

  3. 35%

  4. 30%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

15 dozen = 180 bananas. Total cost = 450. Selling price = 180 * 3.5 = 630. Profit = 630 - 450 = 180. Profit percentage = (180 / 450) * 100 = 40%.

AI explanation

Suman bought 15 dozen bananas, which is 180 bananas, for Rs. 450, making the cost price of one banana Rs. 2.50. She sells each banana for Rs. 3.50, yielding a profit of Re. 1 per banana. Using the profit percentage formula, Profit % = (Profit / Cost Price) * 100, we calculate (1 / 2.50) * 100 = 40%. Her percentage profit was 40%.

Keep practicing — related questions