Question

58. If lemons were bought at rs 48 per dozen and
sold at the rate of 48 per 10, then the gain
or loss per cent.is
(a) 40% profit
(b) 40% loss
(c) 20% profit
(d) 20% loss​

Answer 1

Answer:

As per question,

Cost of one dozen lemons =Rs. 48

We know that, 1 dozen =12 pieces.

So, cost of 1 lemon =Rs.

12

48

=Rs. 4

Also 10

lemons sold by Rs. 40. So, Selling price of one lemon:=

10

40

=Rs. 4

Now, cost price of one lemon = Selling price of one lemon.

So, zero profit and zero loss.