A vendor bys lemons at Rs 25 per dozen and sells them at the rate 5 of for Rs 12. Find his gain Or loss per Cent
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Buys at Rs 25 per dozen
So one lemon costs 25/12
=2.08
According to question,
He sells 5 for Rs 12
But one lemon costs Rs2.08
So, 5*2.08= 10.4
But he sells for Rs 12
Clearly it is profit
So profit of Rs 12-10.4=1.6
Profit percentage= 1.6/100*12
=13.3 percent
So one lemon costs 25/12
=2.08
According to question,
He sells 5 for Rs 12
But one lemon costs Rs2.08
So, 5*2.08= 10.4
But he sells for Rs 12
Clearly it is profit
So profit of Rs 12-10.4=1.6
Profit percentage= 1.6/100*12
=13.3 percent
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