a man sold a bicycle at 5% profit. if the cost had been 30% less and selling price be 63 less, he would have gained 20%. find the cp of the bicycle?
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Answered by
97
SP - CP / CP × 100 = 5
SP - CP / CP = 0.05
SP -CP = 0.05CP
SP = 1.05CP ......(i)
New CP = CP - 0.3CP
New CP = 0.7CP
New SP = SP - 63
SP - 63 - 0.7CP/0.7CP = 0.3
☆From equation (i)
0.35CP - 63 / 0.7CP = 0.3
0.14CP = 63
CP = 450
•°•Initial CP = Rs.450
Answered by
13
a man sold a bicycle at 5% profit. if the cost had been 30% less and selling price be 63 less, he would have gained 20%. find the cp of the bicycle?
Let C.P. of the bicycle = Rs.100
In the I case :
When Profit = 5% ;
= Rs .(100-30) = rs.70
profit = 30%
difference of two selling prices
= 105 -91 = 14rs
If difference = rs 14 then,
CP of bicycle = rs 100
if difference = rs 1 then,
CP of bicycle = rs 100/14
if difference = rs 63 then,
CP of bicycle= rs 100/14×63
therefore,
100×63÷14 = rs 50×9 = rs 450
Hope it helps u
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