Question

A vendor buys 5 lemons for rupees 7 and sells them at rupees 1.75 per lemon. Find his gain or loss percent

Answer 1

Hey there,

Buying price of 5 lemons=7

Selling price of 1 lemon=1.75
Number of lemons=5
Total selling price of 5 lemons=8.75

Since Selling Price>Buying Price,
Therefore there id Profit or Gain.

Profit=(SP-BP)*100/BP

=(8.75-7)*100/7

=175/7

=25%

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Answer 2

25%

Step-by-step explanation:

1 lemon cost = ₹ 1.75

5 lemon cost =₹ 7

cost of one lemon= 7÷5

= 1.4

so SP is 1.75

CP is 1.4

so SP-CP

= 1.75-1.4

gain= .35

so GAIN ×100/SP

=. 35×100/1.4

=350×100/1400

=35×10/14

=5×10/2

=5×5

gain=25%