Mr. Kela purchased two steel factories, one in india and other one in Malaysia for total Rs. 72
crores. Later on he sold the india factory at 16% profit and malaysian factory at 24% profit.
Thus he gained a total profit of 19%. The selling price of Indian factory is:	Choose the correct choice from the following answers:  A) 52.2 crores  B) 56 crores  C) 55.5 crores  D) 59.3 crores  E) None of these
Explanation :   If price(in crore) of Indian factory=x and Malaysian factory=72-x, then   =&gt; x*(116/100) + (72-x)*(124/100) = 72*(119/100)   =&gt; 1.16x+89.28-1.24x = 85.68   =&gt; x = 45   So selling price of an Indian factory = 45*(116/100)= 
<gadget id="calculator">45*(116/100)</gadget>
<output>261/5 = around 52.2</output>
52.2   Hence (A) is correct answer.   52.2 croresnswer : 52.2 crores
<result>A</result>
Mr. Kela purchased two steel factories, one in india and other one in Malaysia for total Rs. 72
crores. Later on he sold the india factory at 16% profit and malaysian factory at 24% profit.
Thus he gained a total profit of 19%. The selling price of Indian factory is: