Lemons are bought at the rate of 3 for ₹4.at what rate must they be sold to gain 20%.
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6
1.59 per lemon 4÷3×120/100
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3
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 × 20/100
SP=4+4 × 20/100
SP=4+0.8SP=4+0.8
SP=4.8SP=4.8
Therefore the Selling price is 4.8.
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