A fruit-seller buys 2 lemons in one rupee and sells 5 lemons for three rupees. What is his gain percent?

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Question

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SSC GD Constable Memory Based Test (11 Jan 2023 Shift 1)

Answer 1

Formula Used:

Gain% = (Gain/C.P.)× 100

Calculation:

C.P. of 2 lemons = Rs. 1

⇒ C.P. of 1 lemons = Rs. 1/2 = 0.5

S.P. of 5 lemons = Rs. 3

⇒ S.P. of 1 lemon = Rs. 3/5 = 0.6

Using above formula-

⇒ Gain% = \(\frac{0.6 \ - \ 0.5}{0.5}\times 100 \) = \(\frac{1}{5}\times 100 \ \) = 20%

∴ The gain percent is 20% .

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