Question

a cycle is sold at againof 16 percent had it been sold for rs 100 more the gain would have been 20 percent find the C.P of the cycle? in solution
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Answer 1

Answer:

Ans :- ₹2500

Step-by-step explanation:

Let CP of cycle be ₹ X

Original profit = 16%

New profit = 20%

Original SP = (100 + gain %) /100 * SP

Original SP = ₹ 116X/100

New SP = (100 + gain %)/100 * SP

New SP = ₹ 120X/100

Therefore , A.T.Q.

Original SP + 100 = New SP

116X/100 +100 = 120X/100

120X/100 - 116X/100 = 100

4X /100 = 100

X /25 = 100

X = ₹ 2500