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Management Aptitude Test Sep 2013 Paper

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Question : 109

Total: 200

and B quote for a tender. On the tender opening day, A realizes that their quotes are in the ratio 7 : 4 and hence decreases its price during negotiations to make it ₹ 1 lakh lower than B’s quoted price. B then realizes that the final quotes o f the two were in the ratio 3 : 4. What was the price at which B won the bid ?

₹ 7 lakhs
₹ 4 lakhs
₹ 3 lakhs
₹ 1 lakh

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