a tricycle is sold at a gain of 15%.Had it been sold for ₹108 more ,the profit would have been 20%. Find its cost price
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Let cost price = x
If it is sold at 15% gain,15% of x = x × 15/100 = 0.15xselling price = x + 0.15x = 1.15x
If it is sold at 20% gain,20% of x = x × 20/100 = 0.2xselling price = x + 0.2x = 1.2x
Given that1.2x - 1.15 x = 108⇒0.05x = 108⇒ x = 108/0.05 ⇒x = Rs. 2160
Cost price is Rs. 2160
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MATHS ARYBHATTA
OMKARA2
If it is sold at 15% gain,15% of x = x × 15/100 = 0.15xselling price = x + 0.15x = 1.15x
If it is sold at 20% gain,20% of x = x × 20/100 = 0.2xselling price = x + 0.2x = 1.2x
Given that1.2x - 1.15 x = 108⇒0.05x = 108⇒ x = 108/0.05 ⇒x = Rs. 2160
Cost price is Rs. 2160
HOPE IT HELS
MATHS ARYBHATTA
OMKARA2
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