Question

A person bought a bicycle for 4500₹ and sold it for 5500₹. Again he bought another bicycle at a certain cost and sold it at a loss of 20%. But altogether if the dealer neither gained nor lost anything then find the cost of second bicycle.

pls give the correct answer with explanation​

Answer 1

Answer:

The given statement is false.

Given, a man purchased a bicycle =Rs 1,040

Selling price of this bicycle =Rs 800

We know that, loss = cost price-selling price

=1040=800=Rs 240

Now, we have to calculated loss %. So,

Loss %=

cost price

loss

×100=

1040

240

×100=23.07%

Answer 2

Answer:

$\leadsto \tt \: person \: bought \: cycle = 4500₹$

$\leadsto \tt \: And \: Sold \: It \: = 5500₹$

$\leadsto \tt \: bought \: another \: cycle \: a \: certain \: cost \: and \: sold \:$

$\leadsto \tt \: loss = 20\%$