Question

A man sold a bicycle at 5% profit. If the cost had been 30% less and the selling price Rs. 63 less, he would have made a profit of 30%. What is the cost price of the bicycle ?

Hard

Solution

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For the first situation,
 Profit %

  --- (1)

For the second situation, Selling price Selling price of 1st situation
And Cost price is % less or % of C.P.

So, Profit  %



  --- (2)

From, equations 1, 2




Thus, cost price of the bicycle

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