Question

A bicycle is sold at a gain of 16%.Had it been sold ₹100 more ,the gain would have been 20%.Find the C.P. of the bicycle.
[Hint:Let C.P. =₹100.
Difference between the two selling prices=₹(120-116)=₹4,etc.]

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Answer 1

Answer:

16% gain + 100= 20% gain

or, 4% gain = 100

or, 1% Gain= 25

100% Gain= 2500

C.P= 2500

Answer 2

Step-by-step explanation:

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