Question

soham the toy shop owner sold two tricycles at the same price.Eash one wassold for ruppees 2200.one one he made profit 10 percent and another he lost 12 percent . what was the cost of each cycle?

Answer 1

SP of 1 cycle - ₹2200
Loss on 1 cycle - 12%
Therefore CP of 1 cycle - SP * 100 / Loss - 100
Therefore CP = 2200 * 100 / 88
Therefore CP = ₹ 2500
Gain on other cycle = 10%
Therefore CP = SP * 100 / Gain + 100
Therefore CP = 2200 * 100 / 110
Therefore CP = ₹ 2000

Answer 2

Answer:

Cost price of one tricycle= ₹ 2500, Cost price of other tricycle= ₹ 2000

Step-by-step explanation:

Let us consider SP of one tricycle is ₹2200

According to the question,

Shop owner faced a Loss 12% on 1 cycle

Cost Price of 1 cycle - SP * 100 / Loss - 100

or Cost Price (cp) = 2200 * 100 / 88

Hence the CP = ₹ 2500

Shop owner received a profit of 10% on other cycle

so, CP = SP * 100 / Gain + 100

CP = 2200 * 100 / 110

Hence the CP of other tricycle = ₹ 2000