Question

Assertion : Lemons were bought at Rs.48 per dozen and sold at the rate of Rs.40 per 10, then there is no gain or loss. Reason: Gain = S.P - C.P and loss - C.P - S.P. a. Assertion is incorrect but the reason is correct. O b. Both assertion and reason are correct but the reason is not the correct explanation. O c. Both assertion and reason are correct but the reason is the correct explanation. O d. Assertion is correct but the reason is incorrect. ​

Answer 1

Answer:

Assertion : Lemons were bought at Rs.48 per dozen and sold at the rate of Rs.40 per 10, then there is no gain or loss. Reason: Gain = S.P - C.P and loss - C.P - S.P. a. Assertion is incorrect but the reason is correct. O b. Both assertion and reason are correct but the reason is not the correct explanation. O c. Both assertion and reason are correct but the reason is the correct explanation. O d. Assertion is correct but the reason is incorrect.