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  1. A man sells a car to his friend at 10% loss. If the friend sells it for $ 54,000 and gains 20%, the original cost price of the car was
    1. $ 25,000
    2. $ 35,000
    3. $ 45,000
    4. $ 50,000
Correct Option: D

If the initial C.P. of car be Rs. y, then

∴ First S.P. at 10% loss =
9y
10

9y
×
120
= 54000
10100

⇒ y =
54000 × 1000
= $ 50000
9 × 120



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