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Profit and Loss
Raghunandan sells a machine for Rs 45 lakhs at a loss. Had he sold it for Rs 55 lakh, his gain would have been 9 times the former loss. Find the cost price of the machine.
Rs 54 lakhs
Rs 46 lakhs
Rs 60 lakhs
Rs 38 lakhs
Correct Answer:
Rs 46 lakhs
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