Question

a man lost 20 percent by selling a bicycle for Rupees 1500 , what percent shall he gain by selling it for 3000?​

Answer 1

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Given :

A man sold 2 cycles each at the rate of ₹3,000 , and he gained 20% by selling 1st cycle and lost 20% on 2nd cycle.

To Find :

The overall loss/gain in the transaction.

Solution :

He gained 20% profit on 1st cycle by selling it for ₹3,000

S.P = C.P + Profit percent/100 × C.P

3000 = C.P × (1+20/100)

3000 = C.P × (100+20/100)

3000 = C.P × (120/100)

3000 × (100/120) = C.P

2500 = C.P

He sold 1st cycle for ₹2,500

$\sf\red{Hope \: it \: helps \: uh!!}$

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