Bicycle is sold at a gain of 16%. If it had been sold for rs.20 more 20% would have been gained the cp of the bicycle is
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Answer:
cost price = Rs. 1000
Step-by-step explanation:
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The cost price of bicycle is Rs. 500.
Step-by-step explanation:
Let the cost price of bicycle be 'x'.
Profit % = 16%
if profit% is 20% then it had been sold for Rs. 20 more.
So, According to question, we get that
Hence, the cost price of bicycle is Rs. 500.
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A bicycle is sold at a gain of 15%. If it had been sold for Rs. 20 more, 20% would have been gained. The cost price of the bicycle is
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