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Juhi sells a washing machine for Rs. 13, 500. She loses 20% in the bargain. What was the price at which she bought it?

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Rs14856

Rs15856

Rs16875

Rs18655

answer is C.

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Detailed Solution

Selling price of washing machine =Rs.13, 500
loss% =20%
Let the cost price of washing machine be Rs. S
Since, Loss=Loss % of C. P
=20% of Rs. S
=

\frac{20}{100}

×S
Loss =

\frac{S}{5}

∴ S.P = C.P-Loss

\Rightarrow 13500 = S - \frac{S}{5}

\Rightarrow 13500 = \frac{4 S}{5}

\Rightarrow S = \frac{(13500 \times 5)}{4}

S = Rs 16, 875

Hence, cost price of washing machine is Rs. 16,875
Correct option is 3.

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