Question

Question 92

Lemons were bought at Rs. 48 per dozen and sold at the rate of Rs. 40 per 10. Find the gain or loss per cent.

Answer 1

Cost of 12 lemons = Rs. 48 [$\because$ 1 dozen = 12 pieces]
$\therefore$ Cost of 1 lemon = Rs. $\frac{48}{12}$ = Rs. 4
Also, 10 lemons sold by = Rs. 40
$\therefore$ Selling price of 1 lemon = Rs. $\frac{40}{10}=Rs.4$
$\therefore$ Cost price of 1 lemon = Seling price of 1 lemon
$\therefore$ No profit and no loss.