lemons were bought at rs 60 a dozen and sold at the rate of rs 40 per 10 .Find the gain or loss percent.
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answers is loss of 20 percent
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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%
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@GauravSaxena01
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