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Lemons were bought at ₹80 per score and sold at the rate of ₹60 per dozen . Find the
gain or loss percent?
gain or loss percent?
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Lemons were bought at ₹80 per score and sold at the rate of ₹60 per do...
Understanding the Cost Price
To find the gain or loss percent, we first need to determine the cost price of lemons.
- Lemons are bought at ₹80 per score.
- A score equals 20 items, so the cost price (CP) for each lemon is:
- CP = ₹80 / 20 = ₹4 per lemon.
Understanding the Selling Price
Next, we calculate the selling price of lemons.
- Lemons are sold at ₹60 per dozen.
- A dozen equals 12 items, so the selling price (SP) for each lemon is:
- SP = ₹60 / 12 = ₹5 per lemon.
Calculating Gain or Loss
Now, we can find the gain or loss per lemon.
- Gain or Loss = Selling Price (SP) - Cost Price (CP)
- Gain or Loss = ₹5 - ₹4 = ₹1 (This indicates a gain).
Calculating Gain Percent
To find the gain percent, we use the formula:
- Gain Percent = (Gain / Cost Price) * 100
- Gain Percent = (₹1 / ₹4) * 100 = 25%
Conclusion
- The seller makes a gain of ₹1 for each lemon sold.
- The gain percent is 25%.
This analysis shows that selling lemons at ₹60 per dozen results in a profitable transaction when originally bought at ₹80 per score. Understanding these calculations helps in making informed business decisions.
To find the gain or loss percent, we first need to determine the cost price of lemons.
- Lemons are bought at ₹80 per score.
- A score equals 20 items, so the cost price (CP) for each lemon is:
- CP = ₹80 / 20 = ₹4 per lemon.
Understanding the Selling Price
Next, we calculate the selling price of lemons.
- Lemons are sold at ₹60 per dozen.
- A dozen equals 12 items, so the selling price (SP) for each lemon is:
- SP = ₹60 / 12 = ₹5 per lemon.
Calculating Gain or Loss
Now, we can find the gain or loss per lemon.
- Gain or Loss = Selling Price (SP) - Cost Price (CP)
- Gain or Loss = ₹5 - ₹4 = ₹1 (This indicates a gain).
Calculating Gain Percent
To find the gain percent, we use the formula:
- Gain Percent = (Gain / Cost Price) * 100
- Gain Percent = (₹1 / ₹4) * 100 = 25%
Conclusion
- The seller makes a gain of ₹1 for each lemon sold.
- The gain percent is 25%.
This analysis shows that selling lemons at ₹60 per dozen results in a profitable transaction when originally bought at ₹80 per score. Understanding these calculations helps in making informed business decisions.
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Lemons were bought at ₹80 per score and sold at the rate of ₹60 per dozen . Find the gain or loss percent?
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Lemons were bought at ₹80 per score and sold at the rate of ₹60 per dozen . Find the gain or loss percent? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about Lemons were bought at ₹80 per score and sold at the rate of ₹60 per dozen . Find the gain or loss percent? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Lemons were bought at ₹80 per score and sold at the rate of ₹60 per dozen . Find the gain or loss percent?.
Lemons were bought at ₹80 per score and sold at the rate of ₹60 per dozen . Find the gain or loss percent? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about Lemons were bought at ₹80 per score and sold at the rate of ₹60 per dozen . Find the gain or loss percent? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Lemons were bought at ₹80 per score and sold at the rate of ₹60 per dozen . Find the gain or loss percent?.
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