How to fix unmet dependencies after running 'sudo apt update'?

Question

The output of running sudo apt <package> is as follows:

Reading package lists... Done
Building dependency tree... Done
Reading state information... Done
You might want to run 'apt --fix-broken install' to correct these.
The following packages have unmet dependencies:
 sg3-utils : Depends: libsgutils2-1.46-2 (>= 1.46) but it is not going to be installed
E: Unmet dependencies. Try 'apt --fix-broken install' with no packages (or specify a solution).

Referring to similar posts like this, I have run the following commands:

• sudo apt install -f to fix broken install

However, when I run sudo apt install <package>, the output remains the same:

Reading package lists... Done
Building dependency tree... Done
Reading state information... Done
You might want to run 'apt --fix-broken install' to correct these.
The following packages have unmet dependencies:
 sg3-utils : Depends: libsgutils2-1.46-2 (>= 1.46) but it is not going to be installed
E: Unmet dependencies. Try 'apt --fix-broken install' with no packages (or specify a solution).

The suggested solution of fixing the unmet dependencies using apt --fix-broken install does not work.

Please share a solution.