Raj has bought the product and sold it for a profit of Rs.30. His cost of buying and selling is in the ratio of 8:9 respectively. How much did Raj spent for buying A? Select:
A) 200 B) 240 C) 250 D) 270 E) 300
Let cost of buying of product A be x, (x+30/x)=9/8   Up on cross multiplication and solving for x, we get x=240   Answer: 240
<result>B</result>
Raj has bought the product and sold it for a profit of Rs.30. His cost of buying and selling is in the ratio of 8:9 respectively. How much did Raj spent for buying A?