Question

A fruit-seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. what is his gain per cent?

Answer 1

Answer:

2 lemons for a rupee:

cost price of a lemon=(1/2) => 0.5

5 lemons for 3 rupee:

Selling price of a lemon=(3/5) => 0.6

profit = S.p - C.p;

0.6 - 0.5 = 0.1

Gain percent (or) Profit percentage = (profit/C.P)*100;

=(0.1/0.5)*100 = 20%

Answer is 20%

Step-by-step explanation:

Answer 2

The question is A fruit-seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. what is his gain per cent?

It is given that the fruit seller buys 2 lemons for 1 rupee and sells 5 lemons for three rupees.

we have to find his profit percentage.

Solution:

A fruit seller buys 2 lemons for 1 rupee.

The cost of 1 lemon is 0.5 Rs which is 1/2

A fruit seller sells 5 lemons for 3 rupees

The selling price of one lemon is 3/5.

To find.

The profit percentage earned by the fruit seller.

Profit can be calculated as the difference between the selling price and the coat price of the lemon.

PROFIT =

$\frac{3}{5} - \frac{1}{2} = \frac{6 - 5}{10} = \frac{1}{10}$

Therefore, the profit earned by the fruit seller is 1/10.

The profit percentage can be calculated by multiplying the division of profit and cost price by 100.

$\frac{profit}{cost \: price} \times 100$

substitute the value in the above formula we get the values as

$\frac{ \frac{1}{10} }{ \frac{1}{2} } \times 100$

$\frac{1}{10} \times 2 \times 100 \\ = 20$

Therefore, the profit percentage obtained by the fruit seller is 20 %

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