a cycle was sold at gain of 10%.had been sold for$65more ,gain would have been14%find the cp of the cycle.
Answers
Answered by
3
let the CP = 100
then the cycle is sold at 100× 100/10
sp = 100 + 10 = 110
but if it had been sold at 65 more than gain would be 14%
then sp would be 114
difference = 114 - 110 = 4
4 units = 65
1 unit = 65/4
then cp = 100 units
CP = 100 × 65/4
CP = 25 × 65
CP = 1625
Answered by
3
Answer:
CP=1625
Step-by-step explanation:
let the cost of cycle=x
10%gain=X into 10/100=x/10
14%gain=x into 147/100=7x/50
7x/50-x/10=65
7x-5x/50=65
2x/50=65
2x=65 into 50
x=3250/2
CP=1625
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