A vendor buys lemons at 25 rupees per dozen and sells them at the rate of 5 for 12 rupees. Find the gain or loss percent?????
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Answer:
Step-by-step explanation:
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mysticd
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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.
:)
Answer:
15.2%
Step-by-step explanation: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.
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