Dhuswant buys lemons at 2 for a rupee and sells them at 5 for three rupees. His gain percent is
Question and options
Dhuswant buys lemons at 2 for a rupee and sells them at 5 for three rupees. His gain percent is
- 10%
- 15%
- 20%
- 25%
Answer and explanation
Correct answer: C - 20%
Cost price per lemon = Re = 0.50; selling price = Rs = 0.60. Gain = 0.10 on 0.50 = 20%.
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CUSAT CAT Five-Year LL.B.
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