Lemons were brought at $40 per dozen and sold at the rate at $40 per 10. Find the gain or loss persent.

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As given he bought them at $40 per 12 lemons so the cost of 1 lemon = 40/12 = 10/3

CP = 10/3

As given he sold them at $40 per 10 lemons so cost 1 lemon = 10/40 = 1/4

SP = 1/4

CP > SP , there will be loss

CP – SP = 37/12

Then find the percent by the original value

As given he bought them at $40 per 12 lemons so the cost of 1 lemon = 40/12 = 10/3

CP = 10/3

As given he sold them at $40 per 10 lemons so cost 1 lemon = 10/40 = 1/4

SP = 1/4

CP > SP , there will be loss

CP – SP = 37/12

Then fnd the percent by orginal value