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Quantitative Aptitude :: Profit and Loss - Discussion

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Choose the correct option.

A merchant earns a profit of 20% by selling a basket containing 80 Guava which cost Rs. 240. But he gives one-fourth of it to his friend at cost price and sells the remaining Guava. In order to earn the same profit, at what price he should he sell each Guava?

ARs. 3.00

BRs. 3.60

CRs. 3.80

DRs. 4.80

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