SOLUTION: A man bought lemons at the rate of 5 for Rs.1 and sold them at 4 for Rs. 1. Find his gain percent.
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Question 1017106: A man bought lemons at the rate of 5 for Rs.1 and sold them at 4 for Rs. 1. Find his gain percent.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A man bought lemons at the rate of 5 for Rs.1 and sold them at 4 for Rs. 1. Find his gain percent.
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Each lemon bought at 1/5 Rs
Each lemon sold at 1/4 Rs
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Quantity gain:: (1/4)-(1/5) = 1/20 Rs
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Percent gain:: (1/20)/(1/5) = 1/4 = 25%
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Cheers,
Stan H.
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