Question

a grocer purchases three qualities of lemons at different rates. The first quality was purchased at 2 for rs 1, the second at 3 for rs 2 and the third at 4 for rs 3. He sold all the lemon at 5 for rs 4. If the ratio of the number of lemons of the three qualities is 1:2:3, then what is the approximate gain or loss percentage incurred by the grocer?​

Answer 1

Step-by-step explanation:

Let no. of lemons bought at:-

2 for Rupee 1 be 12

3 for Rupees 2 be 24

4 for Rupees 3 be 36

Therefore, Total money spent = ((12÷2)+(24÷3)+(36÷4)) Rupees = 23 Rupees

Total no. of lemons bought = 72

He sold lemons at 5 for Rupees 4

Therefore, cost for 1 lemon = 4/5 Rupees

And, cost for 72 lemons = 4/5 × 72 = 288/5 Rupees = 57.6 Rupees

Profit = 57.6 - 23 = 34.6 Rupees

Profit % = 34.6/23 × 100 = 150.4 % (approximate)

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