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Raheem sells a machine for Rs. 48 lakh a...

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.

A

Rs. 58 lakh

B

Rs. 69.6 lakh

C

Rs. 42 lakh

D

Rs. 50 lakh

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The correct Answer is:
D
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KIRAN PUBLICATION-PROFIT AND LOSS -TEST YOURSELF
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