Select the correct answerA fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. His profit percent is?Options10%20%25%15%

Question

Select the correct answerA fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. His profit percent is?Options10%20%25%15%

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Solution 1

To solve this problem, we first need to determine the cost price and the selling price for the same quantity of lemons.

The cost price: The fruit seller buys lemons at 2 for a rupee. So, the cost price for 1 lemon is 1/2 = 0.5 rupees.
The selling price: The fruit seller sells lemons at 5 for Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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