Two friends bought two bicycles whoseprices were in the ratio of 1:5.

1.	Two friends bought two bicycles whoseprices were in the ratio of 1:5. If theysold them at a loss of 10%. thedifference of the money earned by themwas Rs. 3600. What was the cost price ofthe costlier cycle?
Answer» Let cost of first cycle be xLet cost of second cycle be 5x Selling price of first cycle SP1= x(1 - 10/100)= 9x/10 Selling price of second cycle SP2= 5x(1 - 10/100)= 5x9/10= 45x/10 Now,SP2 - SP1 = 3600(45x - 9x)/10 = 360036x = 36000x = 36000/36 = 1000 Therefore, cost price of costlier cycle= 5x = 51000= Rs 5000

Two friends bought two bicycles whoseprices were in the ratio of 1:5. If theysold them at a loss of 10%. thedifference of the money earned by themwas Rs. 3600. What was the cost price ofthe costlier cycle?

Answer»

Let cost of first cycle be xLet cost of second cycle be 5x

Selling price of first cycle SP1= x(1 - 10/100)= 9x/10

Selling price of second cycle SP2= 5x(1 - 10/100)= 5x*9/10= 45x/10

Now,SP2 - SP1 = 3600(45x - 9x)/10 = 360036x = 36000x = 36000/36 = 1000

Therefore, cost price of costlier cycle= 5x = 5*1000= Rs 5000