Question

a cycle was sold at gain of 10% had it been sold for rupees 260 more, the gain would have been 14% find the cost price of the cycle

Answer 1

Let the cost price be x.

Cycle was sold for x +10%of x=x+10x/100

if sold for 260 more then the profit would be 14%

Therefore 110x+26000 =114x

4x=26000

x=6500

cost price of cycle is 6500/-