a cycle was sold at a loss of 8%. had it been sold for rs 56 more, there would have been a gain of 8%. what is the cost price of the bucket.
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Step-by-step explanation:
let cp be 100
loss 8%
sp=92
for gain of 8%
sp= 108
the difference between the sp =108-92=16
but the difference is not 16 but 7/2 more than it
similarly the cp is not 100 but 7/2 more than it which is 50*7=350
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