4. A bicycle dealer has Rs 60000 to invest, when a bicycle is available for Rs 1000. If the price of a bicycle increases by
25%, then find the number of bicycle he can purchase with the same sum ?
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Given investment = Rs 20,000 Price of bicycle = Rs 800 Price of bicycle increases by 25% 25% of Rs 800 = (25/100) × 800 = Rs 200 New price of bicycle = Rs 800 + Rs 200 = Rs 1000 Number of bicycles that can be purchased = 20000/1000 = 20
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A bicycle dealer has Rs 60000 to invest, when a bicycle is available for Rs 1000. If the price of a bicycle increases by 25%, then find the number of bicycle he can purchase with the same sum ?
GIVEN
- Total investment = 60,000.
- Initial price of bicycle = 1000.
- Price of bicycle increases by 25%.
TO FIND
- Number of bicycle which can be purchased by the sum.
We know that
Price of bicycle increases by 25%.
New price of bicycle will be ;
No. of bicycles that can be purchased
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