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      Question

      Ajay and Vijay sold their Bikes at Rs 48400 each but

      Ajay incurred a loss of 20%, while Vijay gained 10%. What is the ratio of the cost price of the Bikes of Vijay to that of Ajay?
      A 8:11 Correct Answer Incorrect Answer
      B 11 : 13 Correct Answer Incorrect Answer
      C 11 : 8 Correct Answer Incorrect Answer
      D 13 : 11 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      C.P of Ajay = 48400 ×100/80 = Rs 60500 C.P of Vijay = 48400×100/110 = Rs 44000 Required ratio = 44000 : 60500 = 8:11

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