a businessman sells a cycle at a gain of 10%. If he buys the cycle for 10% less and sells it ₹12 more, then he makes a profit 25%. Find the cp of the cycle
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Answer:
480
Step-by-step explanation:
let cp be original price, sp be original selling price
g=10%
sp=cp*(1+g%)= cp(1+10%)=cp(1+.1)=1.1cp
sp=1.1cp
cp1 = cpx (1-10%)=cp(1-0.1)=0.9cp
sp1= sp+12
g=25%
sp1 = cp1(1+25%) = cp1(1+.25)=1.25cp1
sp1 =1.25cp1
sp+12=1.25 ×0.9cp
1.1cp +12 = 1.125cp
12 = 1.125cp-1.1cp = 0.025cp
cp=12/0.025=480
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