Question

Sohan the toy shop owner sold two tricycles at the same price . Each one was sold for $ 2200. On one he made a profit of 10%. And on the other he lost 12% what was the cost of each of the cycle?​

Answer 1

Answer:

cp of first tricycle=100/(P%+100)*sp

cp=100/10+100*2200

=100/110*2200

CP=Rs 2000

Cp of second tricycle=100/(100-L%)*SP

=100/100-12*2200

100/88*2200

CP=2500