Question

A cycle was sold at a gain of 10%. Had it been sold for ₹65 more, the gain would have been 14%. Find the cost price of the chair.

Answer 1

if the sales prise increased by ₹65 it leads to an increase in percentage of profit by 4%(14-10)
so 4% of cost =65
cost price = (65÷4)×100=1625