A dealer sold a bicycle at a profit of 10%. Had he
bought the bicycle at 10% less price and sold it at a
price Rs. 60 more, he would have gained 25%. The
cost price of the bicycle was
(a) Rs. 2400
(b) Rs. 2600
(c) Rs. 2000
(d) Rs. 2200
Answers
Answered by
1
Step-by-step explanation:
New C.P. = Rs.
9y
10
∴
11y
+ 60 =
9y
×
125
10 10 100
⇒
11y
+ 60 = Rs.
9y
10 8
⇒
9y
-
11y
= 60
8 10
⇒
90y - 88y
= 60
80
⇒
2y
= 60
80
⇒
y
= 60
40
⇒ y = 60 × 40 = Rs. 2400
Similar questions