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6% more is gained by selling a radio for Rs. 475 than by selling for Rs. 451. The C.P. of the radio is?

Rs. 400
Rs. 434
Rs. 440.50
None of these

Correct Answer: Rs. 400

Explanation:

Difference between two selling prices = 475 - 451 = Rs. 24
∵ 6% of C.P. = Rs. 24
Hence, C.P. = Rs. (24 x 100 / 6) = Rs. 400

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