Question

answer both

1)Two cycles were bought at the same cost. One was sold at the profit of 15% and another was sold at a loss of 10% . If the difference in selling price is Rs.200 ,find the cost price of the cycles.

2)Vindan loses 10% by selling a article for Rs.900.If he had sold the article for Rs.1100 , what is the profit in % he would have made. Find the cost price of the article.

Answer 1

(1) let CP of 1 st cycle = x
2nd = x
1st cycle SP=115x/100
2nd = 90x/100

A/Q ( 115x/100 )-(90x/100)= 200
x=800


(2) SP =900
loss =10%
let CP be x
Then SP = 90x/100
90x/100=900
x=1000

profit% = (SP-Cp)/CP
(( 1100-1000)/1000)×100
= 10%