Question

Ram sold two bicycles, each for 990. If
he made 10% profit on the first and 10%
loss on the second, what is the total cost
of both bicycles ?​

Answer 1

Answer:

S.P. of first bicycle is Rs. 990

profit %= 10%

C.P.=(100/100+PROFIT%)×S.P.

=(100/100+10)×990

=(100/110)×990

=10/11×990

=10×90

=₹900

therefore, C.P. of first bicycle is Rs 900

S.P. of second bicycle=Rs.990

loss%=10%

C.P. =(100/100-LOSS%)×S.P.

=(100/100-10)×990

=(100/90)×990

=10/9×990

=10×110

=₹1100

therefore, C.P. of second bicycle is Rs.1100