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A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?
- a)43.75% profit
- b)77.7% loss
- c)77.7% profit
- d)43.75% loss
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What wi...
Vendor buys bananas at 4 for Rs 3 ⇒ cost price of 1 banana = Rs. 3/4
Vendor sells bananas at 3 for Rs 4 ⇒ selling price of 1 banana = Rs. 4/3
We see that selling price is more than the cost price which implies there is a profit.
Profit % = [(4/3 - 3/4)/3/4] × 100 = 77.7%
∴ There is profit of 77.7%
Most Upvoted Answer
A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What wi...
Given Information:
- The vendor buys bananas at a rate of 4 bananas for Rs. 3.
- The vendor sells bananas at a rate of 3 bananas for Rs. 4.
Calculation:
Let's assume that the vendor buys 'x' bananas.
Cost Price:
- The cost of 4 bananas is Rs. 3.
- So, the cost of 1 banana is Rs. 3/4.
- Therefore, the cost price of 'x' bananas is (3/4)x.
Selling Price:
- The selling price of 3 bananas is Rs. 4.
- So, the selling price of 1 banana is Rs. 4/3.
- Therefore, the selling price of 'x' bananas is (4/3)x.
Profit/Loss:
To find the profit or loss percentage, we need to compare the selling price with the cost price.
If the selling price is greater than the cost price, then there is a profit.
If the selling price is less than the cost price, then there is a loss.
Profit Percentage:
Profit = Selling Price - Cost Price
Profit Percentage = (Profit / Cost Price) * 100
We can calculate the profit percentage as follows:
Profit = (4/3)x - (3/4)x
Profit = (16x - 9x) / 12x
Profit = 7x / 12x
Profit Percentage = (7/12) * 100
Profit Percentage = 58.33%
Loss Percentage:
Loss = Cost Price - Selling Price
Loss Percentage = (Loss / Cost Price) * 100
We can calculate the loss percentage as follows:
Loss = (3/4)x - (4/3)x
Loss = (9x - 16x) / 12x
Loss = -7x / 12x
Loss Percentage = (-7/12) * 100
Loss Percentage = -58.33%
Conclusion:
Since the profit/loss percentage is positive, it indicates a profit. Therefore, the correct answer is option 'C' - 77.7% profit.
- The vendor buys bananas at a rate of 4 bananas for Rs. 3.
- The vendor sells bananas at a rate of 3 bananas for Rs. 4.
Calculation:
Let's assume that the vendor buys 'x' bananas.
Cost Price:
- The cost of 4 bananas is Rs. 3.
- So, the cost of 1 banana is Rs. 3/4.
- Therefore, the cost price of 'x' bananas is (3/4)x.
Selling Price:
- The selling price of 3 bananas is Rs. 4.
- So, the selling price of 1 banana is Rs. 4/3.
- Therefore, the selling price of 'x' bananas is (4/3)x.
Profit/Loss:
To find the profit or loss percentage, we need to compare the selling price with the cost price.
If the selling price is greater than the cost price, then there is a profit.
If the selling price is less than the cost price, then there is a loss.
Profit Percentage:
Profit = Selling Price - Cost Price
Profit Percentage = (Profit / Cost Price) * 100
We can calculate the profit percentage as follows:
Profit = (4/3)x - (3/4)x
Profit = (16x - 9x) / 12x
Profit = 7x / 12x
Profit Percentage = (7/12) * 100
Profit Percentage = 58.33%
Loss Percentage:
Loss = Cost Price - Selling Price
Loss Percentage = (Loss / Cost Price) * 100
We can calculate the loss percentage as follows:
Loss = (3/4)x - (4/3)x
Loss = (9x - 16x) / 12x
Loss = -7x / 12x
Loss Percentage = (-7/12) * 100
Loss Percentage = -58.33%
Conclusion:
Since the profit/loss percentage is positive, it indicates a profit. Therefore, the correct answer is option 'C' - 77.7% profit.
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A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?a)43.75% profitb)77.7% lossc)77.7% profitd)43.75% lossCorrect answer is option 'C'. Can you explain this answer?
Question Description
A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?a)43.75% profitb)77.7% lossc)77.7% profitd)43.75% lossCorrect answer is option 'C'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?a)43.75% profitb)77.7% lossc)77.7% profitd)43.75% lossCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?a)43.75% profitb)77.7% lossc)77.7% profitd)43.75% lossCorrect answer is option 'C'. Can you explain this answer?.
A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?a)43.75% profitb)77.7% lossc)77.7% profitd)43.75% lossCorrect answer is option 'C'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?a)43.75% profitb)77.7% lossc)77.7% profitd)43.75% lossCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?a)43.75% profitb)77.7% lossc)77.7% profitd)43.75% lossCorrect answer is option 'C'. Can you explain this answer?.
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A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?a)43.75% profitb)77.7% lossc)77.7% profitd)43.75% lossCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?a)43.75% profitb)77.7% lossc)77.7% profitd)43.75% lossCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of A vendor buys bananas at 4 for Rs. 3 and sells at 3 for Rs. 4. What will be the result?a)43.75% profitb)77.7% lossc)77.7% profitd)43.75% lossCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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