Question
Ajay and Vijay sold their Bikes at Rs 48400 each but
Ajay incurred a loss of 20%, while Vijay gained 10%. What is the ratio of the cost price of the Bikes of Vijay to that of Ajay?Solution
C.P of Ajay = 48400 ×100/80 = Rs 60500 C.P of Vijay = 48400×100/110 = Rs 44000 Required ratio = 44000 : 60500 = 8:11
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