Question

A vendor buys lemon at ₹25 per dozen and sells them at the rate of 5 for ₹12. Find his gain or loss percent.​

Answer 1

Answer:

Step-by-step explanation:

Hi,

Cost price ( CP) of 1 dozen

lemons = Rs 25---( 1 )

Selling price of 5 lemons at the rate

of Rs12

Selling price of 12 lemons ( 1 dozen)

= ( 12 × 12 ) / 5

= Rs 28.80 ----( 2 )

Now , we know that

SP > CP

He gets profit or gain.

Profit ( g ) = SP - CP

=Rs 28.80 - Rs 25

= Rs 3.80

Profit percentage = ( gain × 100 )/CP

= ( 3.80 × 100 )/ 25

= 15.2%

The vendor gets 15.2% profit.

I hope this helps you.

:)