Question 14 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\%$