Harish sold a bicycle at 8% gain. Had it been sold for rupees 375more, the gain would have been 14%. Find the cost price of the bicycle
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Let the cost price of bicycle be x.
Since, So of the bicycle at the again of 8%=
x + 8% of x
= \frac{108}{100}x
Now,Sp of bicycle at the gain of 14%=
x + 14% of x
= \frac{114}{100} x
A/q
\frac{114}{100}x - \frac{108}{100} x = 75 \\ \frac{114 - 108x}{100} = 75 \\ 6x = 75 \times 100 \\ x = \frac{75 \times 100}{6} \\
x = 1250
Hence,the Cp of the bicycle is 1250
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