Arithmetic Ability
Profit and Loss

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Q.

By selling 45 lemons for Rs 40, a man loses 20%. How many should he sell for Rs 24 to gain 20% in the transaction ?

View Answer

Correct choice: B

Explanation:

Let S.P. of 45 lemons be Rs. x. Then, 80 : 40 = 120 : x or x = 40×120/80= 60 For Rs.60, lemons sold = 45 For Rs.24, lemons sold =45/60×24= 18.
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