SOLUTION: A vendor sells 10 bananas for Re. 1 thereby gaining 40%. The number of bananas he bought for Re 1 is?
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Question 760023
:
A vendor sells 10 bananas for Re. 1 thereby gaining 40%. The number of bananas he bought for Re 1 is?
Answer by
josmiceli(19441)
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He made 40% profit
Let
= the amount the vendor paid
This is the price the vendor would have paid for
bananas
I can make the ratio:
He paid 1 Re for 14 bananas