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6 % more is gained by selling a coat for Rs.1425 than by selling it for Rs. 1353. The cost price of the coat is?

Rs. 1000
Rs. 1250
Rs. 1500
Rs. 1200

Correct Answer: Rs. 1200

Explanation:

6% of cost price (CP) = 1425 - 1353 = 72
∴ CP = ( 72 x 100 ) / 6 = 1200

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