Gaurav sold a cycle at a loss of 10%. Had it been sold it for ₹ 65 more, his gain would havel14%. Find the cost price of the cycle.
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Answer:
Let the C.P. of the article be Rs. x.
Then S.P. at a loss of 10%
100
x×90
= Rs.
100
90x
S.P. at a gain of 12
2
1
%=
100
x×112.5
= Rs.
100
112.5x
Given,
100
112.5x
−
100
90x
=9
⇒
100
22.5x
=9
⇒x=
22.5
900
= Rs. 40
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