Question

By selling a motorcycle for Rs 2300 a dealer gains 15%. Find it's CP. Answer in detail.

Answer 1

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$\sf{CP = \frac{SP \times 100}{100 + gain} }$

$= > \frac{2300 \times 100}{100 + 12} = \frac{230000}{112} = 2053 .57$

So CP of the bike was ₹2053.57

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