Raju sold a bicycle to Amit at/8% profit. Amit
repaired it spending + 54. Then he sold the
bicycle to Nikhil for 1134 with no loss and
no profit. Find the cost price of the bicycle for
which Raju purchased it.
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Step-by-step explanation:
Let the cost price of the bicycle from which raju purchased it be x.
Selling price of the bicycle is 108%
of cost price= 108/100x +54
Cost price of the bicycle for which nikhil purchased it is 108/100x +54
1134= 108/100x +54
1134-54= 27/25x
1080= 27/25x
1080×25=27
x=108×25/27
x=1000
The cost price of bicycle for which raju purchased is $1000
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