If a vender buys lemons at 2 for a rupee and sells them at 6 for 3 rupees, then_____
(a) he loses 50%
(b) he gains 15%
(c) he gains 20%
(d) there is no profit no loss
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Answer:
(d) there is no profit or loss
Step-by-step explanation:
CP
2 for ₹1
1 for 50p
SP
6 for ₹3
1 for 50p
CP = SP
Hence, there is no profit no loss.
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