Question

a tricycle is sold at a gain of 15% had it been sold for rupees 100 more than the profit would have been 20% find its cost price​

Answer 1

Let the cost of the tricycle be x.

Given that it is sold at a gain of 15% = 15x/100.

Given that if it sold for 108 the profit would have been 20% = 20x/100.

20x/100 - 15x/100 = 108

5x/100 = 108

5x = 10800

x = 2160.

The cost price of the tricycle  = 2160.

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