Question
14 of
80
Question Palette
If lemons are bought at 2 for a rupee and sold at 5 for three rupees, find the gain percent.
Correct Option:
B
Explanation
Cost Price (CP) per lemon = Rs. 1/2 = 0.50. Selling Price (SP) per lemon = Rs. 3/5 = 0.60. Profit % = (0.60 - 0.50)/0.50 × 100 = 20%.
