Question

A cycle was sold at a gain of 10%.Had it been sold for ₹260 more, the gain would have been 14%. Find the cost price of the cycle.​

Answer 1

Answer:

The cost price of the cycle is Rs. 6500

Step-by-step explanation:

So Rs.260 represents 4% (14% + 10%) of the total cost price.

⇒ 260 = (4*Cost Price)/100

⇒26,000 = 4* Cost Price

⇒Cost Price = 26000/4

⇒Cost Price = Rs. 6500