Question

Eddy bought a bicycle at discount for $Y from ranger bicycle.But he sold it to his friend at the initial market price. Thereby making 20% profit on purchase price.So What discount percentage offered by ranger bicycle to Eddy ?

Answer 1

Answer:

Profit = 20% = 360 Rs

So, Cost Price = 360 / 20 * 100 = 1800 Rs

And Sales Price = 1800 + 360 = 2160 Rs

Discount = 25% of marked price

So Sales Price = (100 - 25) % = 75% of marked price

=> 2160 = 75% of marked price

=> marked price = 2160 / 75 * 100 = 2880 Rs

Answer 2

Answer:

here is your answer mate.......

SP of first bike is 185600/2

=92800

15/100*92800

=13920

loss for the first bike is 13920

selling price+loss=cost price

92800+13920

therefore the cost price is 106720.