Question

9. A dealer buys a bicycle for 1,250 and marks it at 40% above its cost price i allows 8% discount, find
1 Selling pice of the bicycle
2 Profit percentage​

Answer 1

Answer:

Let the selling price of bicycle be x

Cost price of the bicycle = Rs. 1250

Mark at 40% above the cost price

Mark price of the bicycle = Cost price + 40 % of the cost price

= 1250 + 500

= 1750

After this, he gave a 8% discount on this amount so

Answer 2

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