A vendor buys lemons at Rs. 25 per dozen and sells them at the rate of 5 for Rs. 12. Find his profit or loss percent.
Attachments:
Answers
Answered by
2
Answer:
CASE 1 :
A vendor a dozen lemons for Rs. 25.
Then 1 lemon = 25 ÷ 12 = 2.08
CP of 1 lemon = Rs. 2.08
CASE 2:
He sells the 5 lemons for Rs. 12
Then 1 lemon =12 ÷ 5 = 2.4
SP of 1 lemon = Rs. 2.4
Profit = SP - CP
= Rs. 2.4 - Rs. 2.08 = Rs. 0.32
Profit percentage = 0.32 ÷ 2.08 × 100 = 15.3%.
Similar questions