Raj sells a machine for Rs 51 lakhs at a loss. Had he sold it for Rs 60 lakh, his gain would have been 8 times the earlier loss. What is the cost price of theÂ machine?

Raj sells a machine for Rs 51 lakhs at a loss. Had he sold it for Rs 6

1.	Raj sells a machine for Rs 51 lakhs at a loss. Had he sold it for Rs 60 lakh, his gain would have been 8 times the earlier loss. What is the cost price of theÂ machine?
A.	Rs 59 lakhs
B.	Rs 52 lakhs
C.	Rs 66.375 lakhs
D.	Rs 45 lakhs
Answer» C. Rs 66.375 lakhs

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Raj sells a machine for Rs 51 lakhs at a loss. Had he sold it for Rs 60 lakh, his gain would have been 8 times the earlier loss. What is the cost price of theÂ machine?

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