A man sells a car to his friend at 11% loss. If the friend sells it for Rs.54000 and gains 20%, the original C.P.of the car was :	Choose one
A) rs . 25561.80 B) rs . 37500.80 C) rs . 50561.80 D) rs . 60000 E) none of these

Rationale: explanation : s . p = rs . 54,000 . gain earned = 20 % c . p = rs . [ 100 / 120 ã — 54000 ] = rs . 45000 this is the price the first person sold to the second at at loss of 11 % . now s . p = rs . 45000 and loss = 11 % c . p . rs . [ 100 / 89 ã — 45000 ] = rs . 50561.80 . correct option : c
Answer: C