A fruit seller buys lemons at 2 for Re 1 (cost per lemon = Rs 0.50) and sells them at five for Rs 3 (selling price per lemon = Rs 0.60). Compute the gain percentage.

Difficulty: Easy

Correct Answer: 20%

Explanation:


Introduction:
When buying and selling are quoted as pack deals (so many items for a figure), convert to per-unit prices to compare cost and selling price directly. The gain or loss percentage then follows immediately.


Given Data / Assumptions:

  • Buy price: 2 for Re 1 ⇒ CP per lemon = Rs 0.50.
  • Sell price: 5 for Rs 3 ⇒ SP per lemon = Rs 0.60.


Concept / Approach:
Gain per unit = SP - CP. Gain percentage is gain divided by CP times 100.


Step-by-Step Solution:
CP per lemon = 1 / 2 = Rs 0.50SP per lemon = 3 / 5 = Rs 0.60Gain per lemon = 0.60 - 0.50 = Rs 0.10Gain% = 0.10 / 0.50 * 100 = 20%


Verification / Alternative check:
For 10 lemons: CP = Rs 5, SP = Rs 6, gain = Rs 1, giving 20% on cost. Scaling does not affect the percentage.


Why Other Options Are Wrong:

  • 10% and 15%: underestimate from using SP as the base.
  • None of these: incorrect because 20% is correct.


Common Pitfalls:

  • Confusing per-unit rates when converting from pack prices.


Final Answer:
20%

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