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    Question

    Rohit sold a machine for Rs. 1,050 and made a profit of

    5% on it. At what price should he sell the machine to make a profit of 18% on it?
    A Rs.1,280 Correct Answer Incorrect Answer
    B Rs.2,180 Correct Answer Incorrect Answer
    C Rs.1,180 Correct Answer Incorrect Answer
    D Rs.1,100 Correct Answer Incorrect Answer

    Solution

    ATQ, Selling price of the machine at 5% profit = Rs. 1,050 Cost price of the machine = (1,050/1.05) = Rs.1,000 Required selling price = 1.18 × 1,000 = Rs.1,180

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