Question

Naresh sold a bicycle at a profit of 10%.Had he sold it for 150 rs more the profit would have been 15% profit. find the cp of the bicycle

Answer 1

Answer:

3000

Step-by-step explanation:

1. price = 100x

2. 110x+150=115x

or

115x - 110x=150

or

x=150/5=30

3. 100x=30*100=3000

Answer 2

The cost price of bicycle is 3000 Rupees.

Step-by-step explanation:

• Let the cost price of the bicycle, be x rupees.

The bicycle is sold for 10% profit.

• Then, Selling price = x + 10% of x

• Selling price = $\dfrac{110x}{100}$   .......(1)

But, if the bicycle is sold for 150 rupees more, Naresh would get 15% profit.

• So, selling price + 150 = x + 15% of x
• Selling price + 150 = $x + \dfrac{15x}{100}$

        put the value of selling price form (1).

• $\dfrac{110x}{100} + 150 = \dfrac{115x}{100}$

        $150 = \dfrac{5x}{100}$

•     x = 3000 Rupees

Thus, the cost price of bicycle is 3000 rupees.