Question

brief explanation of Raju sold a bicycle to Amit at 8% profit Amit repaired it spending rupees 54 when he sold a bicycle to Nikhil for 1134 with no loss and no graphic find the cost price of the bicycle for which Rajoo purchased it

Answer 1

Answer:

₹1000

Step-by-step explanation:

SP=₹1080     because it was sold before repair and CP=SP for NIKHIL

8%=100(SP-CP)/CP

8C/100+C=₹1080

108C/100=1080

C=₹1000

Answer 2

If Amit sold the bicycle to Nikhil for ₹ 1134 with no loss and no profit. Then the cost price must be ₹ 1134 including repairing cost.

• Now the cost price excluding repairing cost = ₹ 1134 - ₹ 54 = ₹ 1080

=> Let the cost price of Raju be Rs x.

=> Then, selling price of Raju = x + 8x/100 = x + 2x/25 = 27x/25

=> Now the cost price of Amit = 27x/25 = 1080.

•Therefore,

=> Cost price of Raju = Rs 1000 and selling price = Rs 1080 (8% profit)

> Cost price of Amit = Rs 1080 and selling price = Rs 1134; repairing cost = Rs 54 (no profit no loss )

=> Cost price of Nikhil = Rs 1134.