A cycle dealer sells a bicycle at gain of 8% had he sold it for 75 less he would have lost 2%.
Find cost price of bicycle?
(a) 850 (b) 350 (c) 750 (d) 450

• sp=(108/100)cp
  (108/100)cp-75=(98/100)cp
  (10/100)cp=75
  cp=Rs750
• 12 years agoHelpfull: Yes(16) No(1)
• Ans: Rs.750
  As per the condition, 10% (8%+2%)is equivalent to Rs.75
  Therefore, the cost price is (75/10)*100=Rs.750
• 12 years agoHelpfull: Yes(5) No(1)
• (108x/100)-75=98x/100;
  108x/100)-(98x/100)=75;
  x/10=75;
  x=750;
• 11 years agoHelpfull: Yes(3) No(0)