Question

A bicycle was sold at a loss of 18% . Had it been sold for rs 990 more there would have been a profit of 15% .At what price ( in rs ) should the bicycle be sold to make a profit of 10 % ?
Please solve this step by step.

Answer 1

Let's bikes cost is x
Selling price of bike is at loss of 10% = 90% of x =90100∗x=0.9x=90100∗x=0.9x

If selling price had been increased by $200, would gain of 6% = 106% of x =0.9x+200==>106100∗x=0.9x+200=0.9x+200==>106100∗x=0.9x+200

1.06x=0.9x+2001.06x=0.9x+200

1.06x−0.9x=2001.06x−0.9x=200

0.16x=2000.16x=200

x=2000.16=200∗10016=$1250x=2000.16=200∗10016=$1250 . Answ

Answer 2

Answer:

3000

Step-by-step explanation:

let price = x

so selling price at 18% loss= 0.82x

and selling price at 15% profit = 1.15x

and profit at 15% = rs 990

so .82x + 990 = 1.15x

1.15x -.82x = 990

x = 990/.33 =990/33*100

so x = rs 3000 at 10% profit

result is rs 3000