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Thread: "A grocer purchased a quantity of bananas..."

  1. #1
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    Question "A grocer purchased a quantity of bananas..."

    Hi!
    This is supposed to be an easy one, but my mind is blocked somehow...
    A grocer purchased a quantity of bananas at 3 pounds for $0.50 and sold the entire quantity at 4 pounds for $1.00. How many pounds did the grocer purchase if the profit from selling the bananas was $10.00?
    (A) 40
    (B) 60
    (C) 90
    (D) 120
    (E) 240

    Thanx for your help!

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    Let grocer purchases X pounds of bananas

    therefore the seeling price of all X pounds of banana = X * 1 /4 and the purchasing price is = X * 0.5/3 = X * 1/6

    Since the profit is $10 therefore X/4 - X/6 = 10 i.e. X = 120

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    I appreciate your help. Thank you!

  4. #4
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    in such problems u need to make the quantity bought and sold to be same...so u calculate the cost price for 1 pound i.e .5\3 and sellin price for 1 pound=1\4...profit =1\6-1\4=1\12 for 1 pound.....and the total profir to be 10....quantity = 120.

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