Raheem sells a machine for Rs 48 lakhs at a loss. Had he sold it for Rs 60 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine.

Raheem sells a machine for Rs 48 lakhs at a loss. Had he sold it for R

1.	Raheem sells a machine for Rs 48 lakhs at a loss. Had he sold it for Rs 60 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine.
A.	Rs. 58 lakhs
B.	Rs. 69.6 lakhs
C.	Rs. 42 lakhs
D.	Rs. 50 lakhs
Answer» E.

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Raheem sells a machine for Rs 48 lakhs at a loss. Had he sold it for Rs 60 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine.

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