, lemons are bought at the rate of 3 for rupees 4 at what rate must they be sold to gain 20%
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Answer. 3 lemons for 4 rupees. hence 1 lemon is brought for (4/3) i.e., 1.333 rupee each lemon. Hence he brought lemon fro 1.33 and must gain 20% on selling.
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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.
Therefore the Selling price is 4.8.
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