a vendor buys lemons at rupees 25 per dozen and sells them at the rate of 5 for rupees 12 find his gain or loss percent
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Step-by-step explanation:
cost of 12 lemon =25
selling price of 5 lemons = 12
let the cost price of one lemon be = 2
so, cost price of 5 lemons = 2x5=10
profit = SP - CP= 12-10=2
profit percent= 2/10 X100%
= 20%
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