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Q: An item is sold at a loss of 10%. Had it sold for Rs. 9 more, a profit of 25/2% would have gained. What is the cost price of the item?

  • 1
    Rs. 90
  • 2
    Rs. 75
  • 3
    Rs. 55
  • 4
    Rs. 40
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Answer : 4. "Rs. 40"
Explanation :

Answer: D) Rs. 40 Explanation: Let the cost price of the item = Rs. 50 Sold at 10% loss => for Rs. 50 loss  S.P = Rs. 45 From the  given data, 25/2 % gain if it is sold at Rs. 9 more 56.25 - 45 = 9 => 11.25 = 9 => 22.5 = 18 => 45 = 36 => 50 = ? => C.P = 50 x 3645 = 40   Hence, the Cost price of the item = Rs. 40.

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