By giving a discount of 10% on the marked price of Rs. 1100 of a cycle, a dealer gains 10%. The cost price of the cycle is
M.P. = Rs. 1100, discount =10 % ∴ S.P. =1100−10 % of Rs. 1100
⇒1100−110= Rs. 990 Gain = 10% ∴ C.P. =Rs. 990×100110= Rs. 900
By selling a motor cycle for Rs. 23,000 a dealer gains 15%. Find its cost price (in Rs.)
A cycle merchant allows 20% discount on the marked price of the cycles and still makes a profit of 20%. If he gains Rs. 360 over the scale of one cycle and still makes a profit of 20%. If he gains Rs. 360 over the sale of one cycle, find the marked price of the cycle.
What is the selling price of a cycle if its marked price is Rs. 2,000 at a discount of Rs. 300?