Question

a man sells his bicycle for rs 300 making a profit of 25℅.what did the bicycle cost him​

Answer 1

the cycle costs him RS. 225

Answer 2

Answer:

The Cost price of the bicycle is ₹240.

Step-by-step explanation:

Given that:

• Selling price of the bicycle = ₹300
• Profit percentage = 25%

To find:

• Cost price of the bicycle

As we know that:

$\sf{\circ\;CP = \dfrac{100}{(100+Gain\%)}\times SP}$

Substituting the values,

$\sf{\leadsto \dfrac{100}{(100+25)}\times 300}$

Adding denominator,

$\sf{\leadsto \dfrac{100}{125}\times 300}$

Reducing the numbers,

$\sf{\leadsto \dfrac{100\div25}{125\div25}\times 300}$

$\sf{\leadsto \dfrac{4}{5}\times 300}$

$\sf{\leadsto 4\times 60}$

Multiplying,

$\bf{\leadsto 240}$

Hence,

• CP = ₹240