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Profit and Loss
Rajeev sells a machine for Rs 55 lakhs at a loss. Had he sold it for Rs 67 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine.
Rs 65 lakhs
Rs 57 lakhs
Rs 78 lakhs
Rs 49 lakhs
Correct Answer:
Rs 57 lakhs
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