Question

Mohan lost 20% in selling a cycle for rs 1536 find the cost price of cycle​

Answer 1

Dear Student,

◆ Answer -

% Gain = 6.25 %

● Explanation -

Suppose x be cost price of the bicycle.

At first,

Loss = (CP-SP)/CP

20/100 = (x-1536)/x

1/5 = (x-1536)/x

x = 5x - 7680

4x = 7680

x = ₹ 1920

Later,

% Gain = (SP-CP)/CP × 100

% Gain = (2040-1920)/1920 × 100

% Gain = 12000/1920

% Gain = 6.25 %

Hence, Gurdeep will gain 6.25 % by selling cycle at ₹ 2040.

Thanks dear. Hope this helps you...

Answer 2

Step-by-step explanation:

Greetings..!

Selling Price of cycle = Rs 1536

Loss percent = 20%

By using formula,Cost Price = 100/100-Loss%*S.P = 100/80*1536=Rs 1920

Now, S.P = Rs 2000

So, gain = S.P - C.P = Rs 80

So, gain percent = gain/C.P*100 = 80/1920*100 = 4.16%

Answer : Hence,he shall gain 4.16%.