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 _ in the transaction is _ % .

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Solution

C.P. of 20 lemons = ₹ 10
By unitary method,
If S.P. of 5 lemons = ₹ 3
Then, S.P. of 1 lemon = ₹ $\frac{3}{5}$
$∴$ S.P. of 20 lemons $= \frac{3}{5} \times 20$ = ₹ 12
Now,~CP = ₹ 10 and SP = ₹ 12
Since, SP > CP
$∴$ Profit = SP - CP = ₹(12 - 10) = ₹ 2
We know that, Profit % $= \frac{P r o f i t}{C P} \times 100 % = \frac{2}{10} \times 100 % = 20 %$
Hence, profit in the transaction is 20 %.

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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 ___ in the transaction is ___ % .

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 _ in the transaction is _ % .