Lemons are bought at a rate of 6 for a rupee and sold at 5 for a rupee. Find the gain percent.
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Answered by
3
Step-by-step explanation:
A vendor bought lemons at 6 for a rupee and sold them at 4 for a rupee. What is his gain percentage?
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The vendor bought lemons at 6 for Rs.1
Cost price of 1 lemon = Rs. 1/6
And sold them at 4 for Rs. 1
Selling price of 1 lemon = Rs. 1/4
Profit = S.P- C.P = 1/4 - 1/6 = Rs. 1/12
Profit %
=(Profit/C.P)×100
=((1/12)/(1/6))×100
=(1/2)×100
=50 %
Hence , His Gain % will be 50 %.
Answered by
1
Answer:
it is loss not gain
Step-by-step explanation:
gain= we will get more money
loss:- we will lose money
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