Question

A man buys two cycles for a total cost of 900Rs.By selling one cycle at a loss of 20% and the other at a profit of 25% he makes a profit of 90Rs on the whole transaction. Find the cost price of each cycle.

Answer 1

Let the cost price of one cycle be Rs 

The cost price of other cycle will be Rs 

Given loss as 20% when one of the cycles is sold

It is also given that the man got a profit of 25% when the other cycle is sold.

Total SP = 

Profit = Total selling price − Total cost price

Hence cost of the cycle which got loss is Rs 300 and the cost of the cycle which got profit is Rs 600.