A tricycle is sold at gain of 15% has it been sold for₹108 more the profit would have been 20%. Find the cost price
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Let the cost price be X
15% gain = (15/100)*X=3X/20
Profit would be 20% if sold for 108 extra
So,
3X/20 +108= (20/100)*X
On solving we get X = 2160
15% gain = (15/100)*X=3X/20
Profit would be 20% if sold for 108 extra
So,
3X/20 +108= (20/100)*X
On solving we get X = 2160
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