A vendor bought 6 lemons for a rupee and sold 4 of them for a rupee. His gain % is
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The profit % is (6-4)/6*100 which is 33.333...% profit .
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SOLUTION:-
CP OF 6 LEMONS = 1 RUPEE
CP OF 1 LEMON = 1/6 RUPEE
SP OF 4 LEMONS = 1 RUPEE
SP OF 1 LEMON. = 1/4 RUPEE
NOW; GAIN = SP-CP
GAIN= 1/4-1/6
GAIN= 1/12
GAIN%= GAIN/CP×100
GAIN%= 50%
GAIN%= 50%
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