A cycle was sold at a gain of 10%. Had it been sold for 260RS. more, the gain would have been 14%. Find the cost price of the cycle.
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Answered by
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Given :-
A cycle was sold at a gain of 10%. Had it been sold for 260RS. more, the gain would have been 14%
To Find :-
CP
Solution :-
Let the SP be x
Gain = 10%
Gain = x + 10% of x
Gain = x + 10/100x
Gain = 100x + 10x/100
Gain = 110x/100
Now,
Gain = 14%
Gain = x + 14% of x
Gain = x + 14/100x
Gain = 100x + 14x/100
Gain = 114x/100
114x/100 = 110x/100 + 260
114x/100 - 110x/100 = 260
4x/100 = 260
x/25 = 260
x = 25 × 260
x = 6500
Answered by
4
❥QUESTION:-)
➡️A cycle was sold at a gain of 10%. Had it been sold for 260RS. more, the gain would have been 14%. Find the cost price of the cycle
❥ANSWER:-)
➡️Let x be the cost price of the cycle
Selling price when the cycle is sold at a gain of 14%
= 14x/100 = 114x/100
Selling price when cycle is sold at gain of 10%
= 114x/100 = 110x/100 = 260
= 4x/100 = 260
= x(260 * 100) / 4
= x(26000) / 4
= 6500
Therefore, the cost price of the cycle is Rs.6500
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