SSC CGL 16 Aug 2015 Shift 2 Paper

Question : 135 of 200

Marks: +1, -0

A dealer sold a bicycle at a profit of 10%. Had he bought the bicycle at 10% less price and sold it at a price Rs. 60 more, he would have gained 25%. The cost price of the bicycle was

Rs. 2400
Rs. 2600
Rs. 2000
Rs. 2200

Validate

Solution:

C.P. of cycle = Rs. x (let)
∴ S.P. =

{110x}/{100}

= Rs.

{11x}/{10}

Case II,
New C.P. = Rs.

{9x}/{10}

∴

{11x}/{10}

+ 60 =

{9x}/{10} × {125}/{100}

= Rs.

{9x}/8

⇒

{9x}/8 - {11x}/8

= 60
⇒

{90x-88x}/{80}

= 60
⇒

{2x}/{80}

= 60
⇒

x/{40}

= 60 ⇒ x = 60 × 40
= Rs. 2400

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