An art dealer sells a painting for Rs. 6,600, making a profit of 10% after paying Rs. 600 in restoration charges. What was the original purchase price?
Rs. 5,400
The restoration charges are part of the total cost, so the 10% profit is on (purchase price + Rs. 600).
Total cost = \(\frac{6600}{1.10}\) = Rs. 6,000.
Original purchase price = 6,000 − 600 = Rs. 5,400.
Hence, the original purchase price was Rs. 5,400.
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