1.

A man buys lemons at 6 for Rs. 10 and sells at 8 for Rs. 15. Find his gain percent.

Answer»

Given that he buys lemons at 6 for 10.

Then the cost price of 1 lemon = 10/6 = 1.6

Given that he sells at 8 for 15.

Then the selling price of 1 lemon = 15/8 = 1.8

We know that Gain = Selling price - cost price

= 1.8 - 1.6

= 0.2.

We know that Gain% = Gain * 100/CP

= (0.2 * 100)/ 1.6

= 12.5%.

Therefore the gain % = 12.5.



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