Question

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.
andeep sold a television at a loss of 8%. If he had sold it for 3360 more, he would have​

Answer 1

Let cost price = x

If it is sold at 15% gain,

15% of x = x x 15/100 = 0.15x

selling price = x + 0.15x = 1.15x

If it is sold at 20% gain,

20% of x = x x 20/100 = 0.2x

selling price = x + 0.2x = 1.2x

$\sf \colorbox{gold}{{Given that }}$

1.2x - 1.15 x = 108 → 0.05x = 108 ⇒ x = 108/0.05 ⇒ x = Rs. 2160

Cost price is Rs. 2160.

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Answer 2

Answer:

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