Question 15 Marks
A man buys lemons at $6$ for $Rs. 10$ and sells at 8 for $Rs. 15$ Find his gain percent.
Answer
View full question & answer→Cost price of six lemons $= Rs. 10$
Cost price of one lemon $=\text{Rs. }\frac{10}{6}$
Cost price of eight lemons $=8\times\frac{10}{6}$
$=\text{Rs. }\frac{80}{6}$
$=\text{Rs. }13.33$ Selling price of eight lemons $= Rs. 15$
Gain $= SP - CP = Rs. (15 - 13.33) = Rs. 1.67$
$\text{Gain%}=\Big(\frac{\text{Gain}}{\text{C.P.}}\times100\Big)\%$
$=\Big(\frac{1.67}{13.33}\times100\Big)\%$$=12.5\%$
Cost price of one lemon $=\text{Rs. }\frac{10}{6}$
Cost price of eight lemons $=8\times\frac{10}{6}$
$=\text{Rs. }\frac{80}{6}$
$=\text{Rs. }13.33$ Selling price of eight lemons $= Rs. 15$
Gain $= SP - CP = Rs. (15 - 13.33) = Rs. 1.67$
$\text{Gain%}=\Big(\frac{\text{Gain}}{\text{C.P.}}\times100\Big)\%$
$=\Big(\frac{1.67}{13.33}\times100\Big)\%$$=12.5\%$