Question

a cycle dealer sells a bicycle at a gain of 10% If he had sold it for rupees 480 less we would have a loss of 5% find the cost price of the bicycle​

Answer 1

Answer:

Let the C.P. = Rs. x. Gain =10%

S.P. = Rs. 100110x=1011x

New C.P. = Rs. 10090x= Rs. 109x

Now  S.P. =110% of Rs. 109x= Rs. 10099x

∴1011x−10099x=132

⇒10011x=132

⇒x=11132×100= Rs. 1200