Question

A cycle was sold at a loss of 8%. Had it been sold for ₹99 more, the gain would have been 12%. Find the cost price of the cycle.​

Answer 1

Answer:

Rs.2475

Step-by-step explanation:

Let the cost price of the cycle be Rs. x

When the loss is 8 percent , then S.P

= Rs.(x+8% of x)

= 27x/25

When the loss is 12% , then S.P

= Rs. (x+12% of x)

= 28x/25

Now the difference between two S.Ps = Rs. 99

=> (28x/25) - (27x/25) = 99

=> (x/25) = 99

=> x = 99 × 25

= 2475

Thus, the cost price of the cycle is Rs.2475