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Question

A person sells a colour TV at 10% below the cost price. Had he received Rs 1494 more, he would have made a profit of 1212% What was the cost price of the colour TV?

A
Rs 900
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B
Rs 910
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C
Rs 870
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D
Rs 863
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E
None of the above
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Solution

The correct option is A Rs 900
Here, S.P.1S.P.2=1494,x=10,y=252\)
Using the formula,
C.P100=S.P1S.P2xy
we get, C.P100=(72513)
C.P.=728×100=Rs900

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