Q. Raghuram sells a machine for Rs 43 lakhs at a loss. Had he sold it for Rs 53 lakh, his gain would have been 7 times the former loss. Find the cost price of the machine.
A) Rs 59.14 lakhs
B) Rs 51.75 lakhs
C) Rs 44.25 lakhs
D) Rs 36.75 lakhs
✔ Correct Answer: Rs 44.25 lakhs
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