lemons are bought at the rate of 3 for Rs4. at what rate must they be sold to gain 20%
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Step-by-step explanation:
lemons are bought at the rate of 3 for rupees 4.
we have to get 20% profit.
so, 4 *( 100 + 20)/100
we got this equation.
4 * 120/100 = 4.8 rupees
lemons must be sold at the rate of 4.8₹ to get 20% profit.
each lemon should be sold for 4.8/3 = 1.6₹
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