A Gym Centre sells its brand new treadmill on an on-line bidding site at a profit of 20% .Had the centre sold the treadmill for Rs 500 more the profit would have been 25% How much did the treadmill cost the gym centre when they had bought. It Initially’
0 Rs 5.000
0 Rs6.000
0 Rs 10.000
0 Rs 15000

• Rs 10000
  
  If CP=x, original SP=1.2x ,with increase in CP by Rs 500, new SP=1.2x+500
  With new SP profit is 25%, so 1.2x+500= 1.25x, x=500/0.05=10000
• 8 years agoHelpfull: Yes(2) No(0)
• 5% *CP=500
  CP=10000
  (because 5% difference profit would generate rs 500)
• 8 years agoHelpfull: Yes(2) No(0)