Question 44
In questions 24 to 59, fill in the blanks to make the statements true.
If 20 lemons are bought for₹ 10 and sold at 5 for three rupees, then
C.P. of 20 lemons = ₹ 10
By unitary method,
If S.P. of 5 lemons = ₹ 3
Then, S.P. of 1 lemon = ₹ 35
∴S.P. of 20 lemons =35×20 = ₹ 12
Now,~CP = ₹ 10 and SP = ₹ 12
Since, SP > CP
∴ Profit = SP - CP = ₹(12 - 10) = ₹ 2
We know that, Profit % =ProfitCP×100%=210×100%=20%
Hence, profit in the transaction is 20 %.