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09 Jul 2018, 16:27
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D
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Difficulty:
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84% (01:19) correct
16%
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wrong
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A vendor bought a number of bananas at 3 for a dollar and sold them at 2 for a dollar. What is his gain percent ?
A) 10%
B) 6%
C) 3%
D) 50%
E) 25%
A) 10%
B) 6%
C) 3%
D) 50%
E) 25%
09 Jul 2018, 17:58
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selim
A vendor bought a number of bananas at 3 for a dollar and sold them at 2 for a dollar. What is his gain percent ?
A) 10%
B) 6%
C) 3%
D) 50%
E) 25%
Cost: 3 bananas for $1.00A) 10%
B) 6%
C) 3%
D) 50%
E) 25%
Cost:\(\frac{$1.00}{3}=.33=33\) cents each
Sell Price: 2 bananas for $1.00
SP: \(\frac{$1.00}{2}=.50=50\) cents each
Percent gain (profit)?
\(\frac{SP-C}{C}*100=\)
\((\frac{50-33}{33}*100)=(\frac{17}{33}*100)\approx 50\) percent
Answer D
09 Jul 2018, 21:31
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selim
A vendor bought a number of bananas at 3 for a dollar and sold them at 2 for a dollar. What is his gain percent ?
A) 10%
B) 6%
C) 3%
D) 50%
E) 25%
A) 10%
B) 6%
C) 3%
D) 50%
E) 25%
Cost price of 3 bananas=$1
So, cost price of 1 banana in dollar=\(\frac{1}{3}\)
Sells price of 2 bananas=$1
So, Sells price of 1 banana in dollar=\(\frac{1}{2}\)
Gain=Sells price-Cost price=\(\frac{1}{2}\)-\(\frac{1}{3}\)=\(\frac{1}{6}\)
%Gain=\(\frac{\frac{1}{6}}{\frac{1}{3}}\)*100=50%
Ans. (D)
