Question

The cost price of a rice bag is 40% of the cost price of a sugar bag. The rice bag is sold at a 60% profit, while the sugar bag is sold at a 25% loss. If the difference between their selling prices is Rs. 16.50, what is the cost price of the rice bag?

A Rs.60
B Rs.55
C Rs.45
D Rs.65
E None of these
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