Lemons are purchased at rs.5 for 6 and sold at 6 for 5. Find profit or loss %.
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cost price of 1 lemon=5/6
selling price of 1 lemon=6/5
clearly,6/5 >5\6
profit=6/5-5/6
=11/30
profit % =11/30×6/5×100
=44%
selling price of 1 lemon=6/5
clearly,6/5 >5\6
profit=6/5-5/6
=11/30
profit % =11/30×6/5×100
=44%
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