Question

lemons were bought at rs 60 a dozen and sold at the rate of rs 40 per 10 .Find the gain or loss percent.

Answer 1

Answer:

Solution:-

Cost of 12 lemons = Rs. 60

Cost of 1 lemon = Rs. (60÷12) = Rs. 5

[ 1 dozon = 12 pieces ]

Also,

10 lemons sold by = Rs. 40

Selling Price of 1 lemon = Rs. (40÷10) = Rs. 4

Cost Price of 1 lemon = Selling Price of 1 lemon

loss % = C.P - S.P/C.P× 100

=> 5- 4 / 4 ×100

=> 1 /4 ×100

=> loss% = 25%

Answer 2

Answer:

• Cost Price of lemon = Rs.60 ( 12 lemons (dozen)
• cost price of 1 lemon = 60/12 = 5/-
• Selling price of 10 lemons = 40
• Selling price of 1 lemon = 40/10 = 4/-
• Selling price of 12 lemons = 12 *4 = 48 rupees
• Hence Cost price is more than selling price ,clearly it is a loss
• Loss = Cp - Sp = 5 - 4= 1/-
• Loss percent = 100 * loss / sp
• 100 * 1 / 4 = 25%