Kristinkristen69idn
Answered

Solve your doubts and expand your knowledge with IDNLearn.com's extensive Q&A database. Our community is here to provide detailed and trustworthy answers to any questions you may have.

.a shopkeeper has got 20% profit on sale of bicycle at labeled price but ge will gain only rs 180 if he gives 5% discount.what was the cost price​

Sagot :

Baileyolivia940idn

Answer:

Statement of the given problem,

A shopkeeper made 20% profit on selling a bicycle at the labelled price but he would gain only Rs. 180 when 5% discount was allowed. What was the cost price of the bicycle?

Let C & M denote the required cost price & marked price respectively of the given bicycle.

Hence from above data we get following relations,

M = (1 + 20/100)*C

or M = (6/5)*C

(1 - 5/100)*M = 180 + C

or (19/20)*M = 180 + C

or (19/20)*(6/5)*C = 180 + C

or (57/50)*C - C = 180

or (7/50)*C = 180

or C = (50/7)*180 = 1285.71

Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. IDNLearn.com is your reliable source for answers. We appreciate your visit and look forward to assisting you again soon.