Rajat sells a machine for Rs 53 lakhs at a loss Had he sold it for Rs 64 lakh his gain would have be...........

Quantitative Aptitude (CGL) Profit and loss

Rajat sells a machine for Rs 53 lakhs at a loss. Had he sold it for Rs 64 lakh, his gain would have been 10 times the former loss. Find the cost price of the machine.

छोटे Courses बड़े Results

Master Profit and loss

Prepare through Micro-courses

Try Now

Explanation:

S.p1=53 lakhs
loss=c.p-s.p
loss=c.p-53-----(1)
s.p2=64lakhs
Gain=s.p-c.p
gain=64-c.p
Gain =10 loss
10 loss= 64-c.p
10(c.p-53)=64-c.p
10c.p-530=64-c.p
11c.p=594
c.p=54lakh