Source: Previous Question Papers
A fruit seller purchased 48 dozen bananas at the rate of Rs. 48 per dozen. 1 dozen bananas were spoiled. He sold the remaining bananas at Rs. 72 per dozen. How much profit or loss did he incur in this transaction?
Options
Option A
Rs. 1080 loss
Option B is correct
Rs. 1080 profit
Option C
Rs. 72 loss
Option D
Rs. 48 profit