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Machine: list Rs 10,00,000, trade discount 50,000, import duty 80,000, installation 40,000. Cost?

ARs 9,50,000
BRs 10,30,000
CRs 10,70,000
DRs 11,70,000
Answer & Solution
Correct answer: C. Rs 10,70,000
Cost is 10,00,000 less 50,000 discount plus 80,000 duty plus 40,000 installation, which equals 10,70,000.
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