A vendor buys a lemons at rs 25 per dozen and sells at 5 for rs 12.his gain percent is
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Answered by
4
25 per dozen means about 25/12≈Rs. 2.083 per one lemon. Five for Rs.12 means 12/5=Rs. 2.4 per lemon.
Sales Price is greater, and thus the process results in a profit.
Profit is 2.4-2.083=0.317.
Profit percentage is 0.317/2.083×100≈15.55
Ans≈15.55%
Sales Price is greater, and thus the process results in a profit.
Profit is 2.4-2.083=0.317.
Profit percentage is 0.317/2.083×100≈15.55
Ans≈15.55%
Answered by
18
It is given that a vendor buys lemon at rupees 25 per dozen.
So, 12 lemons cost ₹25
Therefore, 1 lemon would cost ₹25/12
Now,
SP of 5 lemons=₹12
So, SP of 1 lemon=₹12/5
So, here SP>CP, which means that there is a gain/profit.
Now, gain=SP-CP
=₹(12/5-25/12)
=₹19/60
Now, gain%=Gain/CP×100
=19/60/25/12×100
=76/5%
=15.2%
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