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  1. 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
    1. 25.2%
    2. 32.4%
    3. 36.5%
    4. 37.5%
Correct Option: D

Given that ,
Total C.P. = $ 32
Total S.P. = $ (18 + 2) = $ 20
Loss = $ (32 - 20) = $ 12

∴ Loss percent =
Loss
× 100
Total C.P.

Loss percent =
12
× 100 = 37.5%
32



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