a fruit seller buys lemons at 4 for a rupee At what price should he sell than sp that he may gain 40%
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Answer:
SP = 5.6₹
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Step-by-step explanation:
CP = 4
% profit = 40%
% Profit = (profit/CP)x100
40 = (X/4)x100
X = 40x4/100 = 1.6
Profit = 1.6
Profit = SP - CP
SP = CP + profit
SP = 4 + 1.6 = 5.6₹
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