By selling a cycle for Rs 2000/a person gains 1/5 of the selling price find the cost price
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Answered by
3
Answer:
Before we start, it’s important to note here that it is not 15% to be added to 5% to make it a total of 20%.
Let the other profit percent be x.
Then, our equation looks like this.
105/100 * 2500 + [(100+x)/100] * 2500 = 120/100 * 5000 → x= 35.
Hence, if he makes a profit of 35% on the second, it comes to a total of 20% profit on the whole.
Answered by
1
Answer:
Cost price of the cycle =1200
Selling price of the cycle =1500
SP>CP ⟹ there is a gain.
$$ Gain=SP-CP
=1500−1200
=300
∴ Gain Percentage =CPGain(100)
=1200300×100
=25%
∴ The shopkeeper makes a profit of 25%.
Step-by-step explanation:
FM me and mark braniliest and thanks for
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