Question

8.
Raju sold a bicycle to Amit at 8% profit. Amit repaired it spending 354.
Then he sold the bicycle to Nikhil for 1134 with no loss and no profit. Find the
cost price of the bicycle for which Raju purchased it.​

Answer 1

Answer:

x be the price at which Raju bought the Cycle is given that he sold at 8% profit.

∴ Selling price is

100

108x

Amit bought it at Rs.

100

108x

and spent Rs.54 on repairing.

Sold it to Nikhil for Rs.1134 with no loss and no profit.

∴

100

108x

+54=1134

100

108x

=1134−54

100

108x

=1080

x=Rs.1000

Answer 2

Answer:

The cost price of bicycle for which raju purchased is $1000

Step by step explanation:

Let the cost price of the bicycle from which raju purchased it be x.

Selling price of the bicycle is 108%

of cost price= 108/100x +54

Cost price of the bicycle for which nikhil purchased it is 108/100x +54

1134= 108/100x +54

1134-54= 27/25x

1080= 27/25x

1080×25=27

x=108×25/27

x=1000

The cost price of bicycle for which raju purchased is $1000