to make profit of 100/3% a bycycle must be sold for ₹2400 what is the cost price of bycycle
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Answer:
1800
Step-by-step explanation:
Profit% = ((sp/cp) -1)×100
100/3 = ((2400/cp) -1)×100
1/3 = (2400/cp) - 1
4/3 = 2400/cp
cp = 2400×3/4
cp = 600×3
cp = 1800
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