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 cycle.

Answer 1

solution:

sold at 20% loss then
sp = 0.8cp
sp +336 = 1.1cp

so
0.8cp +336 = 1.1cp
336 = 0.3cp
cp = 1120
so the cost price is 1120

hope that helps
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