Question

Lemons were bought at 48 per dozen and sold at the rate of 40 per 10 .find the gain or loss per cent​

Answer 1

To find the gain or loss percent, we first need to find the cost price of one lemon and the selling price of one lemon.

Cost price of one lemon = 48 / 12 = 4

Selling price of one lemon = 40 / 10 = 4

Since the cost price and selling price are the same, there is no gain or loss. This means that the gain or loss percent is 0%.

Here is a formula for calculating gain or loss percent:

```

Gain or loss percent = (Selling price - Cost price) / Cost price * 100

```

In this case, the selling price and cost price are the same, so the gain or loss percent is 0.

Therefore, the answer is:

```

There is no gain or loss, so the gain or loss percent is 0%.

Answer 2

0%

Explanation:

In order to calculate the profit or loss percentage, we first need to find the cost price per lemon and the selling price per lemon.

Cost price per lemon:

• 
  `\sf \textsf{ Cost price per dozen } = 48`
• 
  `\sf \textsf{Cost price per lemon} = (48 )/( 12 )= 4`

Selling price per lemon:

• 
  `\sf \textsf{ Selling price per 10 } = 40`
• 
  `\sf \textsf{Selli price per lemon} = (40)/( 12 )= 4`

Since the cost price per lemon is equal to the selling price per lemon, there is no profit and no loss.

Profit or loss percentage:

`\sf \textsf{Profit or loss percentage }= \frac{\textsf{Selling price - Cost price}}{\textsf{ Cost price}}* 100 \%`

`\sf \textsf{Profit or loss percentage }= (4-4)/(4)* 100\%`

`\sf \textsf{Profit or loss percentage }= 0\%`

Therefore, the profit or loss percentage is 0%.