A VENDOR BUY LEMONS AT rs.25per DOZENS and SELL them at the rate of 5 for rs.12 .find gain or loss PERCENTAGE
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1
cost price for 12 lemons = rs 25
cost price for 1 lemons =rs 25÷12 =2.08
selling price for 5 lemons = rs 12
selling price for 1 lemon = rs 12÷5 = 2.4
gain = 2.4-2.08 = rs 0.32
gain% = (0.32÷2.08)×100. = 15.4 %
cost price for 1 lemons =rs 25÷12 =2.08
selling price for 5 lemons = rs 12
selling price for 1 lemon = rs 12÷5 = 2.4
gain = 2.4-2.08 = rs 0.32
gain% = (0.32÷2.08)×100. = 15.4 %
kvnmurty:
if you divide 25 by 12 and use decimals in calculations, you lose accuracy in final answer.
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2
Buying price for 12 lemons: ₹ 25.
Selling price for 12 lemons: ₹ 12 *12/5 = ₹ 28.80 .
Profit = 28.80 - 25 = ₹ 3.80, Or,
3.80/25 × 100 = 15.2 %
We don't calculate cost price per one lemon as a decimal value. If we do we lose accuracy in the calculation of final answer. Also we will need a calculator in that case.
Selling price for 12 lemons: ₹ 12 *12/5 = ₹ 28.80 .
Profit = 28.80 - 25 = ₹ 3.80, Or,
3.80/25 × 100 = 15.2 %
We don't calculate cost price per one lemon as a decimal value. If we do we lose accuracy in the calculation of final answer. Also we will need a calculator in that case.
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