A fruit seller buys 450 bananas for ₹1,200. Some of these bananas are rotten and hence, they are thrown away. He sells the remaining bananas at ₹3.5 each and makes a profit of ₹396. What is the percentage of bananas thrown away?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 5%.
Total selling price = 1200 + 396 = 1596
Total bananas sold at Rs. 3.5 each to earn a profit of 396
Number of bananas sold = 1596/3.5 = 456
Rotten bananas = 480 - 456 = 24
Required percentage = (24/480) × 100 = 5%
Hence, the percentage of bananas thrown away is 5%.