Mr. Mittal purchased two steel factories, one in India and other one in Malaysia for a total of Rs. 72 crores. Later on he sold the Indian factory at 16% profit and the Malaysian factory at 24% profit. Thus he gained a total profit of 19%. The selling price of the Indian factory (in Rs) is:

Mr. Mittal purchased two steel factories, one in India and other one i

1.	Mr. Mittal purchased two steel factories, one in India and other one in Malaysia for a total of Rs. 72 crores. Later on he sold the Indian factory at 16% profit and the Malaysian factory at 24% profit. Thus he gained a total profit of 19%. The selling price of the Indian factory (in Rs) is:
A.	8.55 crores
B.	45.5 crores
C.	52.2 crores
D.	52.3 crores
Answer» D. 52.3 crores

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Mr. Mittal purchased two steel factories, one in India and other one in Malaysia for a total of Rs. 72 crores. Later on he sold the Indian factory at 16% profit and the Malaysian factory at 24% profit. Thus he gained a total profit of 19%. The selling price of the Indian factory (in Rs) is:

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