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  1. The profit earned by a shopkeeper by selling a bucket at a gain of 8% is Rs. 28 more than when he sells it at a loss of 8%. The cost price (in Rupees) of the bucket is
    1. 170
    2. 190
    3. 175
    4. 165
Correct Option: C

Let the C.P. of bucket be Rs. y.
According to the question,

108y
-
92y
= 28
100100

16y
= 28
100

⇒ y =
28 × 100
= Rs. 175
16



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