Multiple choice

Rahim purchased 3 dozen mangoes at the rate of Rs. 20 per dozen. He found that 12 mangoes were rotten. He sold the remaining mangoes at the rate of Rs.27 per dozen. Then his profit or loss percent is:

  1. 12%

  2. 15%

  3. 18%

  4. 10%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Cost price = 3 × 20 = Rs. 60. Rotten mangoes = 12 (1 dozen), so sellable = 2 dozen. Selling price = 2 × 27 = Rs. 54. Loss = Rs. 6. Loss percent = (6/60) × 100 = 10%. The loss occurs because one-third of the mangoes were unsold but still had to be paid for.

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