Mathematics · Profit and Loss
A man purchased 50 dozen bananas for a certain amount. He could not sell five dozen of those bananas as they were spoiled. He sold two-thirds of the good bananas at a profit of 20% per dozen and sold the remaining good bananas at a profit of 5% per dozen. What was his overall loss or gain percentage in the whole transaction?
- 13.5% gain✓
- 22.5% gain
- 32.5% loss
- 43.5% loss
Correct answer
3.5% gain
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