Shahid bought 80 bananas at the rate of 4 bananas for RS 5 and sold at the rate of 5 bananas for RS8.Find that he is in profit or Loss and also find its percentage,when 25%of bananas are spoiled
Cost price of 1 banana:
Cost of 80 bananas: 80(1.25), or RS 100
Sale price of 1 banana:
Selling price of 60 (75% of 80) bananas: 60(1.6), or RS 96
Loss on sale:
Percentage loss: