Raju sold a bicycle to Amit at/8% profit. Amit
repaired it spending + 54. Then he sold the
bicycle to Nikhil for 1134 with no loss and
no profit. Find the cost price of the bicycle for
which Raju purchased it.
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Answered by
3
Step-by-step explanation:
Answer
x be the price at which Raju bought the Cycle is given that he sold at 8% profit.
∴ Selling price is
100
108x
Amit bought it at Rs.
100
108x
and spent Rs.54 on repairing.
Sold it to Nikhil for Rs.1134 with no loss and no profit.
∴ 100
108x +54=1134
100
108x =1134−54
100
108x =1080
x=Rs.1000
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