A girl buys lemons at 4 for rs 3 and sells them at 5 for rs 4 How much did she gain or loss?
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Answer:
Cost Price of 1- lemon=Rs. 3/4= Rs. 0.75
Sale Price of 1- lemon= Rs 4/5 = Rs. 0.80
So gain %= (0.80–0.75)/0.75 x 100
= 5/75 x100= 20/3 %
Gain percentage = 6⅔%
or
4c.p = 3
For one lemon c.p=3/4
Similarly for s.p=4/5
So c.p of 20 = 20×3/4 = 15 rs
And s.p of 20 = 20×4/5 = 16rs
So profit = 16-15 = 1rp
Profit % = 1/ 15 ×100 = 6.66
I hope it helps you
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