If 50 bananas be sold for Rs. 160 at a loss of 20%. How many bananas should he sell for Rs. 1,540 so as to make 10% profit?
Given:
Selling price of 50 bananas = Rs. 160
Loss = 20%
New total selling price = Rs. 1,540
Required profit = 10%
Formula Used:
Solution:
CP of 50 bananas =
CP of 1 banana =
SP of 1 banana at 10% profit = 4 × 1.1 = 4.4
Number of bananas sold for Rs. 1,540 = = 350
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