Ramona sells her bicycle at a gain of 12% Had she sold it for 25 more, she would have gained
14%? Find the cost price of the cycle.
please answer in pic .
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Answer:
This answer is similar to the question but it is not exact answer
Step-by-step explanation:
Let the cost price be ₹ X
Profit 12%
Selling Price : X + 0.12 X = 1.12 X
Had it been sold ₹ 16 more the selling price becomes 1.12 X + 16 and the profit would have been 20%
1.12 X + 16 = 1.20 X
0.08 X = 16
X = 200
Cost price : ₹ 200
Profit : 20%
Answer:-
Selling Price : 200 x 1.2 = ₹ 240
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