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The cost price of two dozen bananas is $ 32. After selling 18 bananas at the rate of $ 12 per dozen, the shopkeeper reduced the rate to $ 4 per dozen. The percent loss is
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- 25.2%
- 32.4%
- 36.5%
- 37.5%
Correct Option: D
Given that ,
Total C.P. = $ 32
Total S.P. = $ (18 + 2) = $ 20
Loss = $ (32 - 20) = $ 12
∴ Loss percent = | × 100 | Total C.P. |
Loss percent = | × 100 = 37.5% | 32 |