Question
160 cycles were sold for Rs.524,000 resulting in a loss
of 10%. What was the cost price of a cycle (in Rs.)? (rounded off to the nearest rupee)Solution
S.P of 160 cycles = Rs 524000 S.P of 1 cycle = 524000 / 160 = 3275 C.P of 1 Cycle = 3275 x 100 / 90 = 3638.8 = 3639 (Approx)
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