SSC CGL 31 Aug 2016 Paper

Question : 53 of 100

Marks: +1, -0

A trader sold a cycle at a loss of 10%. If the selling price had been increased by Rs. 200, there would have been a gain of 6%. The cost price of the cycle is

Rs. 1200
Rs. 1205
Rs. 1250
Rs. 1275

Validate

Solution:

Let the C.P. of cycle be Rs. x.
Case I,
S.P. of cycle = Rs.

({90x}/{100})

= Rs.

{9x}/{10}

Case II,
106% of x =

{9x}/{10}

+ 200
⇒

{0106x}/{100}-{9x}/{10}

= 200
⇒

{106x-90x}/{100}

= 200
⇒

{16x}/{100}

= 200
⇒ x =

{200×100}/{16}

= Rs. 1250

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