a cycle was sold at a gain of 10% add it is been sold for rs 70 more then again have been 15% find cost price of the cycle
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GIVEN:
★A cycle is sold at the gain of 10%.
★Had it been sold for Rs 70 more, then the gain would have been 15%.
TO FIND:
★The cost price of the cycle.
ANSWER:
Let us take the CP if the cycle be x.
First case:
Gain = 10%.
We know that, SP =
=>
=>
.°.
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By question
If it is sold at Rs 70 more then gain would be 15%.
So, SP at a gain of 15%=
........... (1)
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Second case,
Gain=15%
CP = x (supposed)
So, again,
=>
=>
.°.
But earlier it was found,
So, Atq,
=>
=>
=>
=>
=>
.°.
Therefore the CP of the cycle is Rs 1400.
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