Question

A vendor buys lemons at 25rs per dozen and sells them at the Rate of 5for 12rs.find his gain or loss per cent

Answer 1

A vendor buys lemons at 25rs per dozen and sells them at the Rate of 5for 12rs.find his gain or loss per cent?Solution :
            cost price  of 12 lemons ( in  Rupees) = 25
             therefore , cost price of one lemon(in Rupees) = 25 / 12
                 hence cost price of 5 lemons = 5*25/12
                                                             =125/12
                                                             =10.416
           Selling price of 5 lemons (in Rupees) =  12
           
Since the S.P of 5 lemons is more than C.P. hence the vendor has gain.
Therefore ,
Gain %  =  S.P - C.P/C.P*100
             =12 - 10.416/10.416*100
       Gain %     = 15.2

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Answer 2

Answer:

He will have a profit of 15.2 %