Question 66

A trader sold a machine for ₹18,800 and lost 6%. The cost price of the machine is:

Solution

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Selling price = Rs. 18,800 and loss % = 6%

=> Cost price = $$\frac{18,800}{100-6}\times100$$

= $$\frac{18,800}{94}\times100$$

= $$200\times100=Rs.$$ $$20,000$$

=> Ans - (C)

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