A tricycle is slold at a gain of 16%. Had it been sold for Rs 100 more, the gain would have been 20%. Find the C.P. of the tricycle.

Question

Philoid · Accepted Answer

Let CP of tricycle = Rs.x

Gain% = 16%

Selling price of tricycle =

If selling price is Rs. 100 more

Gain = 20%

= 20 = ×100

=

= x =

∴CP of tricycle = Rs.2500