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Question

rajan sold a cycle at a loss of Rs300,if he had sold it at Rs 3000,he would have made a profit of Rs 6000,at what price did he sell the cycle?​

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Solution

Dear student
Considereing profit=Rs 600Let The CP of the cycle =Rs xLoss=Rs300CP-SP=300x-SP=300SP=x-300 ....(1)New SP=Rs3000Profit=Rs600New SP-CP=6003000-x=600x=3000-600x=2400So, from(1), we getSP=2400-300SP=2100So,Rajan has sold the cycle at Rs 2100
Regards

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