Question

A cycle was sold at a loss of 20% .Had it been sold for Rs 336 more, the profit would have been 10%. Find the cost price of the article.

Answer 1

Solution :

SP at 20% loss = 0.8( CP )

SP at 10% profit = 1.1( CP ) = 0.8 ( CP ) + 336

0.3( CP ) = 336

CP = 1120

so, Cost Price of cycle is 1120

Hope that helps !!!!

Please mark my answer as Brainliest !!