if bananas are bought at the rate of 4 for a rupee,how many must be sold for a rupee so as to gain 100/3%?
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Answer:
Gain = 100/3%.
CP = Rs. 1 = 100
SP = 100 + 100/3% of 100 = 133.33 paise.
SP per Banana = 133.33/4 = 33.33 paise.
Thus, he should sell 3 banana for Rs.1 to gain 33.33%.
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