A Vendor buys lemons at rs 25 per dozen and sells at 5 for rs 12 . Find his gain percent
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2
Cost price:
12 lemons - Rs 25
1 lemon - Rs 25/12
So 5 lemon - Rs 25/12*5 = Rs 10.4
Selling price:
5 lemons - Rs 12
Hence, Profit = Rs 1.6
Profit% = 1.6/10.4*100% = 153.846%
Good luck but solve such prob on your own....
12 lemons - Rs 25
1 lemon - Rs 25/12
So 5 lemon - Rs 25/12*5 = Rs 10.4
Selling price:
5 lemons - Rs 12
Hence, Profit = Rs 1.6
Profit% = 1.6/10.4*100% = 153.846%
Good luck but solve such prob on your own....
Answered by
1
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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