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'B/ Raju sold a bicycle to Amit at 8% profit. Amit repaired it spending S4.Then he sold the bicycle to Nikhil for 1134 with no loss and no profit. Find thecost price of the bicycle for which Raju purchased it.

Answer»

Cost price of bicycle for Raju = cpSelling price of bicycle for Raju= cp(1+8/100) = cp(27/25)

Cost price of bicycle for Amit= cp(27/25) + 54

Then,cp(27/25) + 54 = 1134cp(27/25) = 1080cp = (1080/27)*25 = 40*25cp = 1000

Raju purchased bicycle for Rs 1000



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