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Discussion

Preparation for Olympiads - Grade 8
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A cycle was sold at a gain of 10%. Had it been sold for Rs 65 more, the gain would have been 14% find the cost price of the cycle.

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Sanchay Baranwal

1625

Abhay

Rs.1625

Sneha

Let us suppose,cost price is 100 rs,so ac to 10% discount seeling price would be 110 rs.if it had been sold for rs 65 more that means selling price would be 175 rs.so net profit in this case would be 75%..so now calculate as if gain is 75%,cost price is 100 rs,so if gain is 14%,the cost price will be (100/75)*14,that is 18.6 rs is the cost price.