manish sold a bicycle at a profit of 10% .had it been sold for rupees 75 more ,the profit would have been 16% find the cost price of the bicycle..
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Answered by
71
Let the cost price be x
Selling at 10% profit would be x+10/100of x
If sold for 75 more its price would be x+10/100x+75 which is equal to 16%profit
Therefore x+10/100x+75= x+16/100x
16x/100-10x/100=75
6x=7500
x=1250/-
Cost price of bicycle is 1250/-
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Answered by
20
Answer:
rupee 1250
Step-by-step explanation:
Let the cost price be x
Selling at 10% profit would be x+10/100of x
If sold for 75 more its price would be x+10/100x+75 which is equal to 16%profit
Therefore x+10/100x+75 = x+16/100x
16x/100-10x/100=75
6x=7500
x=1250/-
Cost price of bicycle is 1250/-
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