1560 and marks it at 30% above its cost price. If he allows 6%
3: A dealer buys a bicycle for
discount, find :
(a) the marked price
G CP of bicycle- 1560
(b) the selling price
(c) his profit percent
Answers
Step-by-step explanation:
ANSWER
Total bicycles=40
SP=CP+25% CP=
100
125
CP
4
3
th
was sold in cash (30 cycles)
⇒
4
3
th
bicycles were sold at 100% discount
SP. of 1 bicycle=SP−10%SP
=
100
90
SP
=
100
90
×(
100
125
CP)
SP of 30=
100×100
30×90×125
CP
=
4
135
CP
Rest 10 were sold at 5% discount
SP of 10=10×
100
95
×
100
125
×CP
=
8
95
CP
Total SP=(
4
135
+
8
95
)CP=
8
365
CP
Total CP=40×CP
Profit=Total SP-Total CP=2025
⇒(
8
365
−40)CP=2025
CP=
45
2025×8
CP=360
∴ Cost of one bicycle is Rs.360
January 17, 2020
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