Question

a bicycle is sold at 20%profit if it had been sold at 10% profit only the selling price would have been rs 250 less find the cost price of the bicycle​

Answer 1

answer

500

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Answer 2

answer = 2500 ( cost price)

let cost price be 100x

so 20% profit = 120x

and10% profit = 110x

now 20% profit - 10% profit = 10x

given that 10x = 250

so x = 25₹

therefore cost price 100x = 100 X 25 = 2500₹