Raheem sells a machine for RS.,48 lakh at a loss. Had he sold it for RS., 60 lakh, his gain would ha

English

Gujarati

Hindi

7.Profit and Loss

hard

Raheem sells a machine for $RS.\,48$ lakh at a loss. Had he sold it for $RS.\, 60$ lakh, his gain would have been 5 times the former loss. Find the cost price of the machine. $Rs.$ in lakh ?

A

$58$

B

$69.9$

C

$42$

D

$50$

Solution

Let the $C.P$ of machine $=₹ x$ lakhs

If $S.P =₹ 48$ lahks

Loss $=₹(x-48)$ lakhs

If $S.P =₹ 60$ lakhs

Gain $=₹(60-x)$ lakhs

Gain $=5 \times$ loss

$(60-x)=5 \times(x-48)$

$60-x=5 x-240$

$6 x=300$

$x=50$ lakhs

Standard 13

Quantitative Aptitude

Share

Similar Questions

A vendor bought toffees at $6$ for a rupee. How many for a rupee must he sell to gain $20 \% ?$

easy

A man sold his two horses for $Rs.\, 770$ each, on one he gained $10$ $\%$ $\&$ on the other he lost $10 \% .$ The average gain or loss percentage is

easy

The list price of a shirt is $Rs.\, 440$ and a customer pays $Rs.\,396$ for it. The discount rate is…….$\%$

easy

If the selling price is tripled and cost price doubled the profit would become $65 \% .$ What is the present profit (in $\%$)?

easy

A fruit-seller buys some oranges and by selling $40 \%$ of them he fealises the cost price of all the oranges. As the oranges being to grow over-ripe, he reduces the price and sells $80 \%$ of the remaining oranges at half the previous rate of profit. The rest of the oranges being rotten are thrown away. The overall percentage of profit is

medium