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A Tricycle is sold at a gain of 15% . Had it been sold for rupees 108 more, the profit would have been 20% . find its cost price |
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Answer» Answer: 2160 Fast way to solve: We know the TRICYCLE is sold at a gain of 15% and if we WOULD have sold it for 20% we would have got 108 rs more. Now 20%-15% = 5%. This 5% corresponds to the 108 rs we get extra. USE SIMPLE logic from here if 5% corresponds to 108 rupees then what does 100% correspond to? Using simple cross multiplication we can get the answer as 2160 rupees. |
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