Lemons are bought at the rate of 3 for ₹ 4. At what rate must they be sold to gain 20% ?
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Answer:
Each lemon should be sold at the rate of Rs. 15 to gain 20% profit.
Step-by-step explanation:
Given,
Rate of lemons = 3 × 4 =₹12
Gain profit = 20%
Solution,
To gain 20% profit on the lemons,
Therefore, each lemon should be sold at the rate of Rs. 15.
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