Sohan the toy shop owner sold two tricycles at the same price . Each one was sold for 8200 rupees . On one the made a profit of 10 percent .and on the other he lost 12 percent . What was the cost of each of the cycle ?
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Answer:
one bicycle is 7454.55 and the other is 9318.18
Step-by-step explanation:
consider 2 cycles let us name A and B
for A cycle
sp is 8200
profit is 10 percent
by formula
cp=(sp/ (100+profit))*100
=(8200/(100+10))*100
7454.55
similarly for B cycle
loss is 12 percent
cp=(sp/ (100-loss))*100
=(8200/(100-12))*100
=(8200/88)*100
=9318.18
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