Anayara Bibi bought 10 lemons for Rs 30 and sold them for Rs 42 per dozen. Let's calculate the percentage of profit or loss of Anayararabibi.
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Answer:
Profit Percentage = 16.67%
Step-by-step explanation:
Cost of 10 Lemons = Rs 30
Therefore Cost of 1 Lemon = 30/10 = Rs 3.00
Selling price of One Dozen = Rs 42.00
Therefore Selling Price of 1 Lemon = 42/12 = Rs 3.5
Profit = Rs 3.50 - Rs 3.00 = Rs 0.50
Profit Percentage = (Profit / Cost Price ) x 100
= (0.50/3) x 100
= 16.67%
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