ABC26GN2679 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

By selling 45 lemons for ₹ 40, a man loses 20\%. How many should he sell for ₹ 24 to gain 20\% in the transaction?
(a)16
(b)18
(c)20
(d)22
Answer
Answer (as printed): B
Explanation
Let S.P. of 45 lemons be ₹ $x$. Then, $80: 40=120: x$ or $x=\left(\frac{120 \times 40}{80}\right)=60$. For ₹ 60, lemons sold = 45. For ₹ 24, lemons sold $=\left(\frac{45}{60} \times 24\right)=18$.

Explanation as extracted from the printed page; notation may be imperfect.

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