Ritu purchased 20 dozen of bananas at the rate of Rs. 375 per dozen. she sold each one of them at the rate of Rs. 33. What was her profit percentage?
The cost price of 1 dozen bananas is Rs. 375.
Ritu purchased 20 dozen bananas.
Total Cost Price (CP) = 20 × 375 = Rs. 7500
There are 12 bananas in 1 dozen.
Total number of bananas = 20 × 12 = 240 bananas.
Each banana was sold at Rs. 33.
Total Selling Price (SP) = 240 × 33 = Rs. 7920
Profit = Selling Price (SP) - Cost Price (CP)
Profit = 7920 - 7500 = Rs. 420
Profit Percentage = (Profit ÷ CP) × 100
Profit Percentage = (420 ÷ 7500) × 100 = 5.6%
Answer: The profit percentage is (D) 5.6%.
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