a) By selling a tricycle for Rs. 760, a shopkeeper loses 5%. Find the C.P. of the tricycle. (b) At what rate percent shall a sum of Rs. 400 amount to Rs. 520 in 5 years ?
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Answer:
150
Step-by-step explanation:
Suppose the CP of the article = Rs. 100
I case :
Profit =5%
SP = 100+5 = Rs. 105
II case :
Loss =5%
SP = CP − loss = 100−5 = Rs. 95
Difference between two SP's
= 105−95 = Rs. 10
If the difference = Rs. 10, then CP = Rs. 100
If the difference = Rs. 15, then CP =
10
100
×15= Rs. 150
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