self Maths Puzzle

A bicycle was sold at a profit of 12%. had it been sold for Rs.16 more, the profit would have been 20%. Find the seeling price of the bicycle.

Read Solution (Total 2)

Actaul sp=Rs 224
CP= Rs 200
had it been sold for Rs.16 more i.e. for Rs. 240, the profit( Rs 40) would have been 20% on Rs 200.
11 years agoHelpfull: Yes(1) No(0)

Rs 224
If CP=x, SP=112x/100=1.12x
Given, SP+16=120x/100=1.2x
or 1.12x+16=1.2x ,x=200
SP=1.12*200=224
11 years agoHelpfull: Yes(1) No(0)

self Other Question

After allowing 15% discont, a wall hanging is sold for Rs.425. What is its original selling price ? A grocer buys lemons at 2 for a rupee and sells them at 5 for three rupees. Find his gain percent.