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    Question

    A person bought two bicycles for Rs 2500 each. If he

    sells one bicycle at a profit of 10%, then at what percent profit should he sell the second bicycle so that his total profit is 20%?
    A 15% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 25% Correct Answer Incorrect Answer
    D 30% Correct Answer Incorrect Answer

    Solution

    Cp1 =2500profit% = 10% Profit of first bicycle┬а = 2500 ├Ч10/100 = 250rs Total CP = 5000total profit %= 20% Total profit = 5000├Ч20/100 = 1000rs Profit of second bicycle =┬а total profit тАУ profit of first bicycle┬а┬а = 1000 тАУ 250 = 750rs Profit % of second bicycle = 750/2500├Ч100 = 30%.

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