Abicycle was sold for 1760 at a loss of 12%. What was its cost price.D

1.	Abicycle was sold for 1760 at a loss of 12%. What was its cost price.Dinesh gains 20% by selling motorcyclegain 32% as a profit?25,000. At what price must he sell his motorcyclelid not know the actual price ofis old motorcycle for
Answer» 1) SP of cycle = CP - (12/100)CP 1760 = CP(1 - 3/25) 1760 = CP(22/25) CP = 176025/22 = 8025 CP = 2000 2) SP = CP(1 + 20/100) 25000 = CP(1 + 1/5) 25000 = CP(6/5) CP = 25000*5/6 = 20833.3 For profit of 32% SP = CP(1 + 32/100) = 20833.3(1 +8/25) = 20833.3(33/25) = 27500

Abicycle was sold for 1760 at a loss of 12%. What was its cost price.Dinesh gains 20% by selling motorcyclegain 32% as a profit?25,000. At what price must he sell his motorcyclelid not know the actual price ofis old motorcycle for

Answer»

1) SP of cycle = CP - (12/100)CP 1760 = CP(1 - 3/25) 1760 = CP(22/25) CP = 1760*25/22 = 80*25 CP = 2000

2) SP = CP(1 + 20/100) 25000 = CP(1 + 1/5) 25000 = CP(6/5) CP = 25000*5/6 = 20833.3

For profit of 32% SP = CP(1 + 32/100) = 20833.3(1 +8/25) = 20833.3(33/25) = 27500