Question

harish sold a bicycle at a gain of 8%. had it been sold for rs75 more, the gain would have been 14%. find the cost price of the bicycle.

Answer 1

Hope you find your answer.

Answer 2

Answer:

Rs.1250

Step-by-step explanation:

Let the cost price of bicycle be x.

Gain % = 8%

So, gain = $8\% \times x$

SP = CP + Profit

Since, SP of the bicycle at the again of 8% = $x + 8\% \times x$

                                                                     =  $\frac{108}{100}x$

Now,Sp of bicycle at the gain of 14%=  $x + 14\% \times x$

                                                            =  $\frac{114}{100}x$

We are given that it been sold for rs75 more, the gain would have been 14%.

So,  $\frac{114}{100}x-\frac{108}{100}x=75$

$\frac{6}{100}x=75$

$x=1250$

Hence the Cost price of bicycle is Rs.1250