Riya sold her car for Rs. 50, 000 less than what she bought for and lost 8%. At what price should she have sold the car, if she wanted to gain as much as she lost in the first transaction? a) Rs. 6, 25, 000 b) Rs. 6, 50, 000 c) Rs. 6, 75, 000 d) Rs. 6, 37, 000 e) Rs. 7, 00, 000

50000 is 8% of x, where x = cost price of the car.

X = (50000) / 0.08

X = Rs 6,25,000

To gain what she lost in her first transaction, she should have sold the car at

Rs 6,25,000 + Rs 50,000 = Rs 6,75,000/-

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