To solve the problem, let's define the variables involved:
- Let \( x \) be the amount of store-bought lemonade they will add, in liters.
- The original 4 liters of lemonade contains 31% lemon juice, which can be calculated as: \[ 0.31 \times 4 = 1.24 \text{ liters of lemon juice.} \]
The store-bought lemonade is 26% lemon juice, so the amount of lemon juice in the store-bought lemonade they add (which is \( x \) liters) is: \[ 0.26x \text{ liters of lemon juice.} \]
After adding \( x \) liters of store-bought lemonade, the total volume of the mixture becomes: \[ 4 + x \text{ liters.} \]
The total amount of lemon juice in the mixture becomes: \[ 1.24 + 0.26x \text{ liters of lemon juice.} \]
They want their new mixture to be 27% lemon juice. Thus, we set up the equation: \[ \frac{1.24 + 0.26x}{4 + x} = 0.27. \]
Now we will cross-multiply to eliminate the fraction: \[ 1.24 + 0.26x = 0.27(4 + x). \]
Expanding the right side: \[ 1.24 + 0.26x = 1.08 + 0.27x. \]
Next, we will rearrange the equation to isolate \( x \): \[ 1.24 - 1.08 = 0.27x - 0.26x, \] which simplifies to: \[ 0.16 = 0.01x. \]
Now, solving for \( x \): \[ x = \frac{0.16}{0.01} = 16. \]
Thus, the amount of store-bought lemonade that needs to be added is: \[ \boxed{16} \text{ liters.} \]