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A vendor buys lemons at ₹25 per dozen and sells them at the rate of 5 for ₹ 12. Find his gain or loss percent.

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Cost price of 12 lemons = ₹25

Then, cost price of 1 lemon = ₹ (25/12)

Cost price of 5 lemons = (25/12) × 5

= 125/12

= ₹ 10.42

He sold 5 lemons for = ₹12 =Selling price

By comparing SP and CP = SP > CP, so there is a gain

Gain = SP – CP

= 12 – 10.42

= ₹ 1.58

Gain % = {(gain/CP) × 100}

= {(1.58/10.42) × 100}

= {15800/1042}

= 15.2%

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