Question

lemons are brought at the rate of 3 for Rs 4. At what rate must they be sold to gain 20%

Answer 1

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.

$SP=CP+CP\times \frac{20}{100}$

$SP=4+4\times \frac{20}{100}$

$SP=4+0.8$

$SP=4.8$

Therefore the Selling price is 4.8.