Question : Raman sells a machine for Rs 39 lakhs at a loss. Had he sold it for Rs 49 lakhs, his gain would have been three times the loss. What is the cost price of the machine?
Option 1: Rs. 46.5 lakhs
Option 2: Rs. 62 lakhs
Option 3: Rs. 36.50 lakhs
Option 4: Rs. 41.50 lakhs
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: Rs. 41.50 lakhs
Solution :
Given, that Raman sells a machine for Rs. 39 lakhs at a loss.
Had he sold it for Rs. 49 lakhs, his gain would have been three times the loss.
Let the cost price be Rs. $x$.
Hence, $3\times (x-39)={49-x}$
⇒ $3x(x-39)=x(49-x)$
⇒ $3x-117=49-x$
⇒ $x = 41.50$
Hence, the correct answer is Rs. 41.50 lakhs.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates BrochureYour Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.