17. A bicycle is sold at a profit of 4%. Had it been sold for 60 more, the gain would have been 9%, find
cost price of the bicycle.
Answers
Answered by
1
Answer:
(9÷100)×x==60+(4÷100)×x
Step-by-step explanation:
(5÷100)×x=60
x=1200
Answered by
2
Answer:The cost price of bicycle is
1200 rupees.
Step-by-step explanation:
Selling price = cost price + gain or loss
Let the original selling price be "s"rupees and the cost price be "x"rupees.
Therefore in the first situation ,
s = x + 4% of x
s = (100x + 4x)/100
s = 104x/100 ......(1)
In the second situation,
s + 60 = x + 9% of x
s +60 = 109x/100...... (2)
Eqn (2) - (1) ,
s+60 - s = 109x/100 - 104x/100
60 = 5x/100
Therefore , 6000 = 5x
x = 1200 rupees
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