Question

Raghuram sells a machine for Rs 43 lakhs at a loss. Had he sold it for Rs 53 lakh, his gain would have been 7 times the former loss. Find the cost price of the machine.

A) Rs 51.75 lakhs B) Rs 59.14 lakhs C) Rs 36.75 lakhs D) Rs 44.25 lakhs

Answer 1

44.25

Step-by-step explanation:

let his earlier loss be Rs x

43 + x = 53 - 7x

=> x = 10/8 = 5/ 4

c.p = 43 + 5/4 = 44.25 lakh

option (D) is correct

Answer 2

Answer:

D) Rs 44.25 lakhs

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