A vendor bought a certain number of bananas at 6 for ₹5 and sold them at 4 for ₹3. Find his loss percentage.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 10%.
CP per banana = 5/6
SP per banana = 3/4
Loss = (5/6) - (3/4) = 1/12
Loss percentage = [(1/12)/(5/6)] × 100 = (6/60) × 100 = 10%