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.
Hint : Suppose he buys (12×5) = 60 lemons.
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Answer:
Profit=15.2%
Step-by-step explanation:
Here,
C.P. of 60 lemons=25*5=125
S.P. of 60 lemons=12*12=144
Profit=144-125=19
So, Profit %=Profit/C.P.*100
=19/125*100=15.2%
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