Profit & Loss · Question 30 · Hard
By selling 45 lemons for ₹40, a vendor loses 20%. How many lemons should he sell for ₹24 to gain 20%?
- 16
- 20
- 24
- 18
Answer and explanation
Answer: D. 18
Explanation: CP of 45 lemons = 40 ÷ 0.8 = ₹50, so each costs ₹10/9. For 20% gain each must sell for 1.2 × 10/9 = ₹4/3. Number for ₹24 = 24 ÷ 4/3 = 18.
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