a tricycle is sold at a gain of 16%. had it been so Ild for rs 100 more the profit would have been 20%. find its cost
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let Cost= 100X Rs.
after 16% gain S.p. = 116X
After 20% Profit S.p. = 120X
acc. to que.
120X-116X = 100Rs
4X = 100
X=100/4 = 25
so cost price = 100× 25= 2500 Rs
after 16% gain S.p. = 116X
After 20% Profit S.p. = 120X
acc. to que.
120X-116X = 100Rs
4X = 100
X=100/4 = 25
so cost price = 100× 25= 2500 Rs
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