A fruit mercahnt bought some bananas. One fifth of them got rotten and were thrown away. He sold two fifth of the bananas with him at 15% profit and the remaining bananas at 10% profit. Find his overall loss profit percent?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e Loss, 10.4%
Let's assume the total number of bananas = 100
One fifth of bananas got rotten and were thrown away.
So, the remaining Bananas = 100 - 100 × (1/5) = 80
He sold two fifth of the bananas with him at 15% profit and the remaining bananas at 10% profit.
So, the selling price of the two fifth of the bananas = 80 × (2/5) × (100+15)/100 = Rs 36.8
Remaining Bananas = 1 - (2/5) = 3/5
the selling price of the remaining (three fifth) of the bananas = 80 × (3/5) × (100+10)/100 = 52.8
Total Sp = 36.8 + 52.8 = 89.6
Loss percentage = %