Question

By selling 45 lemons For rs. 40 a man loses 20%. For how much should he sell them so as to gain 20% profit?

Answer 1

Answer:

60

Step-by-step explanation:

Selling price of 45 lemons = 40

loss = 20% on cost price

Selling price = Cost price - loss

⇒Selling price=Cost price-20% of Cost price

⇒40=80Cost price/100

⇒Cost price=(40*100)/80

⇒Cost price = 50

now

Cost price = 50

profit%=20%

Selling price = (50)+(50)*(20/100)=60

he should sell them for 60