4 lemons are bought at Re.1 and are sold at the rate of 3 for Re.1. Find profit or loss percentage
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Step-by-step explanation:
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Answer:
cost price of 1 lemon = re. 1/4=0.25
Selling price of 1 lemon =re. 1/3=0.3333.....(not needed)
That emplies Selling price is greater than Cost Price. So, there is a loss
loss %= Loss/C.P x 100
Step-by-step explanation:
loss =1/3—1/4=4—3/12=1/12loss percentage =1/12/1/4*100=100/3%
=33.3%
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