A vendor bought lemons at 6 for a rupee and sold them at 4 for a rupee. what is his gain percent
Answers
Hey...!!
First we have to find the LCM of 6 and 4
LCM is 12
CP of 12 lemons = 12 ÷ 6 × 1
= 2 × 1
= 2 rupees
SP of 12 lemons = 12 ÷ 4 × 1
= 3 × 1
= 3 rupees
Gain = SP - CP
= 3 - 2
= 1 rupee
There is a gain of 1 rupee
Gain % = gain ÷ CP × 100
= 1 ÷ 2 × 100
= 0.5 × 100
= 50 %
There is a gain of 50%
Hope it hepls..!!
Answer:
The vendor bought lemons at 6 for Rs.1
Cost price of 1 lemon = Rs. 1/6
And sold them at 4 for Rs. 1
Selling price of 1 lemon = Rs. 1/4
Profit = S.P- C.P = 1/4 - 1/6 = Rs. 1/12
P
r
o
f
i
t
%
=(/.)×100
=
(
P
r
o
f
i
t
/
C
.
P
)
×
100
=((1/12)/(1/6))×100
=
(
(
1
/
12
)
/
(
1
/
6
)
)
×
100
=(1/2)×100
=
(
1
/
2
)
×
100
=50
=50%