some lemons are bought at the rate of 2for rupees one and equal no. at the rate of 3 for ruppes 2 and all lemons are sold at rate of 5for ruppes 3.find the profit or loss percentage
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The fruit seller buys 2 lemons for one rupee. So he has purchased at the rate of 0.50 paise per lemon. He sold 5 lemons for 3 rupees. So he has sold the lemon at 0.60 paise rate. His percentage of profit is 20% because an increase of 0.10 paise per lemon is 20% of 0.50 paise
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