Lemon are brought at a rate of 3 at ₹4. At what rate it must be sold to gain 20%.
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Answer:
The selling price is 4.8
Step-by-step explanation:
It is given that lemons are brought at the rate of 3 for Rs 4.
The cost price is 4.
Selling price is the sum of cost price and 20% of cost price.
SP = CP + CP X 20/100
SP = 4 + 4 X 20/100
SP = 4 + 0.8
SP = 4.8
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