A cycle was sold at a gain of 10% .had it been sold for 99 more , the gain would have been 12% .
find the cost price of the cycle.
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Answer:
Let the CP of cycle = x
Gain = 10%
SP = CP*(100+gain%)/100
= 110x/100
According to questions, Now SP is 99 ru more , it gives 12% gain .
110x /100+99 = x*112/100
110x/ 100 -112x/100= - 99
-2x/100 = - 99
- x/50 = -99
x = 99*50
x = 4950 ru
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