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A man bought 50 dozen of bananas for Rs. 500.24 bananas got spoiled during transport. He sold remaining bananas at the rate of Rs. 12 per dozen. Find out his profit/loss in the transaction.
  • a)
    Rs. 76 loss           
  • b)
    Rs. 76 profit
  • c)
    Rs. 98 loss           
  • d)
    Rs. 98 profit
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A man bought 50 dozen of bananas for Rs. 500.24 bananas got spoiled du...
Given:
- Number of bananas bought = 50 dozen
- Cost of bananas = Rs. 500
- Bananas spoiled during transport = 24
- Selling price of remaining bananas = Rs. 12 per dozen

To find:
- Profit or loss in the transaction

Calculation:
Step 1: Calculate the cost price (CP) of the bananas
- Cost of 50 dozen bananas = Rs. 500
- Cost of 1 dozen bananas = Rs. 500/50 = Rs. 10
- Cost price of 24 bananas = Rs. 10 x 24 = Rs. 240
- Cost price of remaining bananas = Rs. 500 - Rs. 240 = Rs. 260

Step 2: Calculate the selling price (SP) of the remaining bananas
- Selling price of 1 dozen bananas = Rs. 12
- Selling price of remaining bananas = Rs. 12 x (50 - 24) = Rs. 12 x 26 = Rs. 312

Step 3: Calculate the profit or loss
- Profit/Loss = SP - CP
- Profit/Loss = Rs. 312 - Rs. 260 = Rs. 52

Step 4: Determine the answer option
- The profit/loss calculated is Rs. 52
- None of the given answer options match the calculated value of Rs. 52

Therefore, the answer provided in the options is incorrect.
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A man bought 50 dozen of bananas for Rs. 500.24 bananas got spoiled during transport. He sold remaining bananas at the rate of Rs. 12 per dozen. Find out his profit/loss in the transaction.a)Rs. 76 lossb)Rs. 76 profitc)Rs. 98 lossd)Rs. 98 profitCorrect answer is option 'B'. Can you explain this answer?
Question Description
A man bought 50 dozen of bananas for Rs. 500.24 bananas got spoiled during transport. He sold remaining bananas at the rate of Rs. 12 per dozen. Find out his profit/loss in the transaction.a)Rs. 76 lossb)Rs. 76 profitc)Rs. 98 lossd)Rs. 98 profitCorrect answer is option 'B'. Can you explain this answer? for Class 5 2024 is part of Class 5 preparation. The Question and answers have been prepared according to the Class 5 exam syllabus. Information about A man bought 50 dozen of bananas for Rs. 500.24 bananas got spoiled during transport. He sold remaining bananas at the rate of Rs. 12 per dozen. Find out his profit/loss in the transaction.a)Rs. 76 lossb)Rs. 76 profitc)Rs. 98 lossd)Rs. 98 profitCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 5 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man bought 50 dozen of bananas for Rs. 500.24 bananas got spoiled during transport. He sold remaining bananas at the rate of Rs. 12 per dozen. Find out his profit/loss in the transaction.a)Rs. 76 lossb)Rs. 76 profitc)Rs. 98 lossd)Rs. 98 profitCorrect answer is option 'B'. Can you explain this answer?.
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