Multiple choice

The cost price of two dozen bananas is rupees 32. After selling 18 bananas at the rate of rupees 12 per dozen, the shopkeeper reduced the rate to rupees 4 per dozen. The loss percentage is

  1. $25.2 %$
  2. $32.4%$
  3. $36.5%$
  4. $37.5%$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Cost price = Rs 32 for 24 bananas, so CP per banana = 32/24 = 4/3. Revenue: 18 bananas at Rs 12/dozen = Rs 18, and 6 bananas at Rs 4/dozen = Rs 2. Total revenue = Rs 20. Loss = 32 - 20 = Rs 12. Loss% = 12/32 × 100 = 37.5%. Options A, B, C are incorrect loss percentage calculations.