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Railways R.R.C. (Mumbai) Solved Paper Held on 17-11-2013

  • question_answer
    A chair is bought for Rs. 1,500, and sold at loss of 5%. Find out selling price?

    A) Rs. 1,400

    B)               Rs. 1,410

    C) Rs. 1,425          

    D) Rs. 1,422

    Correct Answer: C

    Solution :

    Cost price of a chair = Rs. 1500 Sold at loss of 5% Then,    selling price \[=C.P.\left( \frac{100-r}{100} \right)\] \[=1500\times \frac{(100-5)}{100}\] \[=15\times 95\] \[=Rs.\,\,1,425\]


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