Question

A Tricycle is sold at a gain of 15% . Had it been sold for rupees 108 more, the profit would have been 20% . find its cost price​

Answer 1

Answer:

2160

Fast way to solve:

We know the tricycle is sold at a gain of 15% and if we would have sold it for 20% we would have got 108 rs more. Now 20%-15% = 5%.

This 5% corresponds to the 108 rs we get extra. Use simple logic from here if 5% corresponds to 108 rupees then what does 100% correspond to?

Using simple cross multiplication we can get the answer as 2160 rupees.