A machine is sold at a profit of 15 % . Had it been sold for Rs,540 more 24 % would have been gained

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7.Profit and Loss

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A machine is sold at a profit of $15 \%$. Had it been sold for $Rs\,540$ more $24 \%$ would have been gained. Find the cost price.

A

$4800$

B

$5400$

C

$6000$

D

$6400$

Solution

cost price $=\frac{\text { More gain } \times 100}{\text { Difference in percentage profit }}$

cost price $=\frac{540 \times 100}{24-15}=\frac{540 \times 100}{9}=₹ 6000$

Standard 13

Quantitative Aptitude

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