Question

A vendor buys lemons at ₹ 25 per dozen and sells them at rate of 5 for ₹12 . find his gain or loss percen.​

Answer 1

Answer:

15.2%

Step-by-step explanation:

Cost price of 12 lemons = ₹25

Then, cost price of 1 lemon = ₹ (25/12)

Cost price of 5 lemons = (25/12) × 5 = 125/12 = ₹ 10.42

He sold 5 lemons for = ₹12

=Selling price By comparing SP and CP = SP > CP, so there is a gain

= SP – CP = 12 – 10.42 = ₹ 1.58 Gain % = {(gain/CP) × 100}

= {(1.58/10.42) × 100} = {15800/1042} = 15.2%