Multiple Choice Questions on A fruit merchant bought some bananas Onefifth of them got rotten and were thrown away Hesold two fif........... for SSC CGL Exam Preparation

Profit and loss

Quantitative Aptitude (CGL)

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Indian Economy - Understanding the basics of Indian economic system

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    A fruit merchant bought some bananas. Onefifth of them got rotten and were thrown away. Hesold two fifth of the bananas with

    him at 15% profit and the remaining bananasat 10% profit. Find his overall loss or profit percent?

    This questions was previously asked in
    SSC CGL 23rd August 2021 Shift-1

    Profit, 9.6%

    Incorrect Answer

    Loss, 10.4%

    Correct Answer

    Loss, 9.6%

    Incorrect Answer

    Profit, 10.4%

    Incorrect Answer
    Explanation:

    Let's solve step-by-step:

    - Let total bananas = 100 (for simplicity).

    - 1/5 got rotten, so rotten = 20 bananas. Remaining = 80 bananas.

    - Out of 80 bananas:

    - 2/5 = 32 bananas sold at 15% profit,

    - Remaining = 80-32 = 48 bananas, sold at 10% profit.

    - Cost Price (CP) of each = ?1 (assume for calculation).

    - CP of 80 bananas (sellable) = ?80.

    Profit Calculation:

    - 32 bananas: Profit = 15% of 32 = 0.15 × 32 = ?4.8

    - 48 bananas: Profit = 10% of 48 = 0.10 × 48 = ?4.8

    - Total Profit = ?4.8 + ?4.8 = ?9.6

    - Total CP = ?100 (including rotten), Total SP = CP + Profit = ?80 + ?9.6 = ?89.6

    Overall loss = CP - SP = ?100 - ?89.6 = ?10.4

    Loss % = (10.4/100) × 100 = 10.4%

    Correct option:

    Option 2, Loss, 10.4%


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