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Profit and Loss

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Aptitude miscellaneous
  1. A fruitseller buys lemons at 2 for a rupee and sells them at five for three rupees. His gain per cent is ?
    1. 10%
    2. 15%
    3. 20%
    4. None of these
Correct Option: C

Suppose he buys 10 lemons
∵ C.P. = Rs. 10/2 = Rs. 5,
⇒ S.P. = Rs. (3/5 x 10)% = Rs. 6
∴ Gain % = (1/5) x 100% = 20%


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